- The Treasury Department certified 8,700 census tracts across the U.S. that are eligible for investments by new Opportunity Funds
- The loan from Community Housing Capital and Calvert Impact Capital will allow the nonprofit to restore 150 homes, removing blight, creating jobs and stabilizing communities.
The passage of the Investing in Opportunity Act created equal parts enthusiasm and anxiety. Now, worry has, at least in part, begun to shift toward a mobilization of resources, networks and identified best practices for effective community investment. The provision of last year’s U.S. tax bill lets investors defer and even reduce capital gains taxes by
ImpactAlpha, June 12 – Municipal bonds are literally private investments in public goods, making them perhaps the original impact investments. About $435 billion in U.S. municipal bonds were issued last year to investors to finance projects with impact, including parks and schools, roads and bridges, clean energy installations and municipal broadband. But the muni-market has become
- Companies in the index on average "pay better, create more jobs, pay fewer fines, give twice as much to charity, emit less greenhouse gas, and have higher return on equity, compared with the rest of the Russell 1000."
- Motivohas designed an ergonomic walker that reduces back and neck pressure by up to 60% compared to traditional walkers.