Aunt Bertha raises $16 million to help people connect to community services

Healthcare-focused investment firm Noro-Moseley Partners led Aunt Bertha’s funding round. Digitalis Ventures, Techstars Ventures, Techstars Impact, Capital Factory also participated.

NeedsList raises $1 million for nonprofit crowdfunding platform

The organization closed a $1 million funding round from Amplio Ventures, Marigold Capital, Omidyar Network, Next Wave Impact, Silicon Valley Social Ventures and the Kuo Sharper Fund.

Getting smarter about place-based investing

"Place-based impact investing is no longer a solo endeavor for many foundations across the United States,” write Mission Investors Exchange's Melanie Audette, MacArthur Foundation’s John Balbach and Urban Institute’s Shena Ashley.

Catalyst launches $150 million impact-focused Opportunity Fund

Jim Sorenson, an early proponent of Opportunity Zones, is seeding the fund with $10 million.

Virginia Community Capital backs Richmond arts and skills center

Virginia Community Capital’s loan was made to enable Oakwood Arts to acquire and renovate the church property.

Hacking community lending to interrupt racial bias in ‘appraised value’

"No nonprofit or small business should have to raise more money to serve kids in communities of color than they would have to raise to serve kids in white communities," writes Joe Neri of IFF in a guest post on ImpactAlpha.

PadSplit raises $4.6 million to match tenants with affordable housing

Core Innovation Capital led the round, which also included impact investors Enterprise Community Partners, The Impact Engine and Kapor Capital.