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Our 2020 Vision for Communities 2015 Impact Highlights

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Our 2020 Vision for Communities 2015 Impact Highlights Our 2020 Vision for Communities 2015 Impact Highlights: $131 MILLION 154,000 1,050 EDUCATION: HEALTH CARE: HEALTHY FOOD: CLOSED PEOPLE JOBS 4,500 87,000 61,000 LOANS SERVED CREATED STUDENTS PATIENTS CUSTOMERS Through our efforts, we will work to address systemic poverty, build equitable opportunities, create healthy communities and ensure inclusive growth. Building a Foundation of Equity, Opportunity and Inclusiveness strong financial position, scale the Green House and learn how Michele nation of communities report will provide you deep partnerships and model for dignified Reynolds, who, along built on a foundation with our initial roadmap. innovative product long-term care and the with her neighbors in of equity, opportunity development. We Cornerstone Partnership Washington D.C.’s Ward and inclusiveness. It is an I look forward to provided ongoing to expand affordable 5, now has access to appropriate North Star continuing Terry leadership in the health housing, we saw those quality care. You will for our ambitious agenda. Simonette’s legacy and care space, helped initiatives become self- also experience the am excited to join my a number of charter sufficient, independent kindness of Meals on Through our efforts, colleagues in taking the schools expand their organizations. Wheels volunteers we will work to address bold steps necessary educational offerings in Texas who bring systemic poverty, build to find new ways to and saw several of our In the accompanying hot meals to Kajl, an equitable opportunities, address the social and Ellis Carr projects come online pages, you’ll see the accomplished chef no create healthy economic justice issues President and CEO across Detroit. We impact of our work longer able to prepare communities and ensure that impact underserved also launched two new throughout the year all his own meals. inclusive growth. communities. I sincerely As Capital Impact’s new lending initiatives that first hand when you hope that you join CEO, I am incredibly will expand access meet Yesenia Franco, As impressed as I This will require us to us in shaping a new excited to take this to healthy foods and a proud mother whose am with the impact expand our lending tomorrow. opportunity to both support age-friendly daughter has already we had in 2015, I’m and implement new look back at 2015 and communities. chosen her college— equally excited about capitalization efforts that to expound on our new even though she is what lies ahead. This broaden our reach. We five-year vision to 2020. At the same time, still an elementary year marks the launch also plan to incubate, two of our long-time school student at of our new five-year advocate and scale new Over the past year, programs saw fresh Equitas Academy. We’ll strategy. Core to that and promising ideas we continued to build beginnings. After take you on a tour effort is working with through our policy to upon the organization’s working to build and of Unity Health Care all of you to create a practice work. This Financing That Supports Connections we celebrate in the people aged 50 and the Reinvestment present as we look CREATING SOCIAL IMPACT up. With Age Strong, Fund to utilize the ahead to new levels from Coast to Coast an investment as small CDFI Bond Guarantee of accomplishment. 2015 Closed Loans Capital Impact Oces as $20 that could Program. This program This lending volume is be quietly earning benefits a KIPP school a source of strength interest in a bank is in Camden, New Jersey as it supports our instead put to work that constructed a organization financially constructing housing new school for more while simultaneously and providing access than 1,000 pre-K reinforcing communities to health care for very through 8th grade with increased access to low-income seniors in students. This school critical housing, services rural Colorado. That provides high-quality Scott Sporte and employment investment is also educational options for Chief Lending Officer opportunities. helping to eliminate neighborhoods whose a Philadelphia food traditional public At Capital Impact The new Michigan desert so that closer schools are closing. Partners we put money Good Food Fund uses proximity to food and to work, focusing our financing to increase community services In Detroit, projects in efforts on the best ways equitable access to of locally grown fruits Calvert Foundation, enables more seniors the Woodward Corridor to use dollars to achieve fresh, healthy food. and vegetables as well AARP and AARP to remain in their Investment Fund and powerful outcomes. The Fund focuses on as entrepreneurs and Foundation, connects homes as they age. Detroit Neighborhoods reducing food deserts employers. the burgeoning Fund began opening Our lending work at in cities like Detroit world of impact We have also put their doors to people Capital Impact Partners and Flint as well as Our new Age investing with high our shoulder to the from a mix of income in 2015 increased more rural areas north of the Strong Investment impact organizations wheel in partnership levels by using our than 17 percent over Mackinac Bridge. It also Fund, developed in to provide needed with the Low Income lending as a tool to 2014—a success that supports producers partnership with the services to low-income Investment Fund and transform vacant, Our new lending strategy intends to make money work harder, achieving even deeper levels of impact in and across communities. work harder, achieving walkable, mixed- A .9M ging 34 & $ In even deeper levels of income communities s C n d ie ro Healthy io e it s t p s Foods a e n - z n impact in and across and local demand that u i S l d e $20.3M Housing & a e m t Community i n communities. supports retailers and c v c m t Development e e o R o $ other job creating r 1 $42.5M t Cross-Sector 9 C i . I o 9 r As the accompanying m t Health Care Initiatives M employers. y e h D p $31.2M graphic illustrates, t l a our loans support We accomplished a c Education e t $36.7M connections. A loan to much in 2015 and H a community health know that our Our loans support the Cooperative Development $5.0M center provides a new diligent effort point of access for will lead to even connections that are LENDING ACTIVITY BY SECTOR primary care. It also more in the years fundamental to strong I n allows a senior to use to come. We are s t communities the services of that grateful to our e t r n nearby center to be partners and thank c e $131 MILLION o n m healthier and remain you for joining us as t 2015 Closed Loans: 17% Year-over-Year Increase n s at home longer. A we look ahead to 2020. e c e loan to a retail grocer t v e In those accomplishments increases that retailer’s d c blighted buildings into S ti and their powerful purchases of locally er ly vibrant homes near vic ata transportation and impact on communities grown produce that in es C services for existing and as we simultaneously turn creates jobs and new Detroit residents. look ahead to the economic opportunity. next five years. Our Financing to a new The following sections new lending strategy apartment building in of this report celebrate intends to make money Detroit builds safer, STRATEGY 2020 STRATEGY ROADMAP Implement lending efforts that support connections STRATEGIC and impact across multiple PILLARS sectors simultaneously Advance equitable growth and access through local, state and federal advocacy Establish “Policy to Practice” capability that supports ADDRESS CREATE BUILD HEALTHY PROMOTE innovation within our business sectors as well as SYSTEMIC POVERTY EQUITY COMMUNITIES INCLUSIVE GROWTH across the CDFI Industry Effect systemic change Support equitable Foster connections Build diverse, mixed- at scale—from social access to quality and social supports income communities Convene cross-sector leaders, establish partnerships and systems to government services and economic that strengthen the that promote economic expand technical assistance programs—so that all opportunity regardless links between health, mobility and empower programs that scale people have paths out of race, ethnicity, education, housing and individuals to break the innovative practices of poverty gender, income or opportunity that help barriers to success Strengthen financial position geography people and communities through expanded lending, thrive together capital diversification and impact investing strategies Health Care Our 2020 Focus: Support health care delivery innovations that are focused on prevention and whole person well-being Programs: Age Strong CPCA Ventures Loan Fund Healthier California Fund We are confident that we’re going to get quality care, and that is so important. Witness how Unity’s new health center Michele Reynolds Witness how Unity’sis transforming new health lives center at www. is transformingcapitalimpact lives.org/stories at www.capitalimpact.org/stories Patient, Unity Health Care, Washington D.C. Education Our 2020 Focus: Create more high-quality schools that deliver excellent educational outcomes for low-income students Programs: CDFI Bond Guarantee Program New Markets Tax Credit Program We are not negotiating if you are going to college, it’s which college you are going to. Malka Borrego Meet the (future college) students of Executive Director, Equitas Academy Equitas Academy at www.capitalimpact.org/stories Healthy Food Our 2020 Focus: Increase access to fresh and healthy food by expanding our work in food distribution, processing and production while maintaining support for neighborhood retailers Programs: Age Strong California FreshWorks Fund Michigan Good Food Fund National Cooperative Grocers Loan Fund This store makes me feel like we are not forgotten.
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