Arlington, VA (February 26, 2018)—Capital Impact Partners has announced a huge milestone, marking more than $2.5 billion in loans to underserved communities across the country since its founding.
In a statement, Ellis Carr, President and CEO of Capital Impact Partners said: ““While it took Capital Impact nearly 25 years to reach that first $1 billion in lending, we have more than doubled that effort since 2010. I could not be more proud of our team. At the same time, it is clear that the need for both our capital and commitment – to build communities of opportunity and fight for key social and racial justice issues – remains as important as ever. For us, it is not just about volume, it is about purposeful investments that create opportunity and empower communities.”
Read the full press release here.