Place-Based Investing
Pittsburgh, Pennsylvania | Photo credit: Brittanica.
Catalytic Capital | September 13, 2021
Arctaris launches $20 million Opportunity Zone vehicle for place-based community impact in Pittsburgh
ImpactAlpha, September 13 — Boston-based Arctaris Impact Investors partners with foundations, governments and other organizations to help revitalize local U.S. underserved communities, and …
Entrepreneurship | August 24, 2021
Building an ecosystem for workforce development and opportunity for all in Alabama
If you are an impact investor seeking ways to make a difference, come to Alabama. A year ago, Gov. Kay Ivey created the …
Impact Voices | August 12, 2021
To build inclusive, community-scale funds, modernize the Investment Company Act of 1940
A growing number of Americans who never considered themselves impact investors are now taking a long hard look at the wealth they’ve amassed …
The Rise Apartments, a 200-unit complex, and the Cycle Shop, a historic building, in The Edge, a neighborhood inside the Memphis Medical District.
Catalytic Capital | July 20, 2021
Guarantee from Kresge Foundation catalyzes $30 million for Memphis fund
Memphis’s medical district, with about 10,000 residents and more than 30,000 employees and students, has a high poverty rate and a shortage of …
Capitalism Reimagined | July 14, 2021
There’s no building back better without investing in underserved communities
Between record levels of government stimulus, an unprecedented vaccination campaign and a buzzing economy, it’s easy to see reasons for optimism as America …
photo: Matt Rourke, AP
Community Finance | July 14, 2021
Investing in marginalized communities to drive the COVID recovery
ImpactAlpha, July 14 – The two-track recovery threatens to leave distressed communities even further behind. Consider Philadelphia’s Kensington neighborhood: “A community that was …
Photo credit: Woodforest National Bank.
Dealflow | July 1, 2021
Workforce housing in Indianapolis demonstrates Opportunity Zone impact
ImpactAlpha, July 1 – More than 90% of the 188 units at The Westmont property in Indianapolis will go to low-income residents. The $31 …
Community Finance | April 20, 2021
Reviving a Black cultural corridor in West Oakland – as a community-led cooperative
In another era, Esther’s Orbit Room helped make West Oakland the “Harlem of the West,” hosting the likes of B.B. King, James Brown …
Community Finance | March 29, 2021
Georgia is throttling voters. The South’s financial system is doing the same to its entrepreneurs.
The ban on offering snacks and water to people waiting in line to vote that was just passed into law in Georgia really …
Catalytic Capital | March 23, 2021
Rethinking economic development for an inclusive recovery
ImpactAlpha, March 23 – Policy makers are embracing bottom up strategies to address interlocking challenges if COVID-19, inequality and racial justice. The $1.9 …
Community Finance | March 17, 2021
Main Street crowdfunding platform Honeycomb secures $1.75 million to expand nationwide
ImpactAlpha, March 17 – Most crowdfunding platforms focus on startups raising equity. Pittsburgh-based Honeycomb helps local restaurants, food trucks and yoga shops raise …
Community Finance | February 22, 2021
Opportunity Zones await makeover – and impact
ImpactAlpha, Feb. 22 – Tens of billions of dollars have been raised by opportunity funds. But most of the nearly 8,000 low-income opportunity …
Community Finance | February 9, 2021
Big companies back small businesses and the community development financiers that serve them
ImpactAlpha, Feb. 9 – Small businesses got a boost from Alicia Keys’ post-Super Bowl concert, sponsored by Verizon, which committed $10 million in …
Dealflow | February 1, 2021
Circuit Clinical raises $500,000 for COVID-19 tests and medical research
ImpactAlpha, February 1 – Buffalo, N.Y.-based Circuit Clinical supports clinical trials for medical research initiatives, including a saliva-based COVID-19 test. It received a $500,000 …
Community Finance | December 16, 2020
Entrepreneur Backed Assets Fund aims to provide liquidity for community lenders
ImpactAlpha, Dec. 16 – The nonprofit Entrepreneur backed Assets Fund will buy loans originated by a half-dozen members of a collaborative of community …