Capital Impact Partners announced today that it provided $52.5 million in financing to projects delivering social impact for underserved communities across the U.S. during the first half of 2016. In particular, second–quarter loans increased 55 percent over the same quarter in 2015. These loans support projects that increase access to housing, health care and education for low-income communities while also creating hundreds of jobs.
"Our mission-driven team works tirelessly to ensure that good projects that increase access to critical social services for underserved communities receive the financing they need. These numbers demonstrate that," said Ellis Carr, president and CEO of Capital Impact Partners. "This strong start to the year gives us important momentum in facing essential social and economic justice issues that are core to our ambitious new five-year strategy that will help us continue our vital work in building strong and equitable communities nationwide."