This week Kimberlee R. Cornett, Managing Director of the Krege Foundation's Social Investment Practice, wrote about some of the work the Kresge Foundation has made possible as a funder and partner to CDFIs.
For Cinnaire’s Keith Broadnax, the revitalization of the former West York neighborhood is one of the most memorable and impactful deals he has ever underwritten in his 15-year career.
CDFIs are high-impact investors that boldly bring innovative and transformative capital to the hardest to serve markets.
Impact investing refers to investments made into companies, organizations, and funds with the intention to generate a measurable, beneficial social or environmental impact alongside a financial return.
UnitedHealthcare—part of a partnership with Minnesota Equity Fund (MEF) and Cinnaire—invested nearly $17MM to expand affordable housing for individuals, families, and veterans in Michigan to create 150 affordable housing units with onsite support services to help people live healthier lives;...