CDFIs

Comerica Bank Announces $2 Million Investment to CDFIs - Lendistry and California FarmLink - Aiding Small Businesses Impacted by COVID-19

Press Release

DALLAS, July 22, 2020 /3BL Media/ – Comerica Bank continues its response to supporting local communities with investments totaling $2 million to Community Development Financial Institutions (CDFIs) assisting small businesses impacted by the COVID-19 crisis.

Northern Trust Provides $100 Million in Small Business Support

Investment to back CDFIs deploying Paycheck Protection loans
Press Release

CHICAGO, May 11, 2020, /3BL Media/- Northern Trust Corporation (Nasdaq: NTRS) announced today it is providing $100 million in low-cost funding to assist Community Development Financial Institutions (CDFIs) as they provide loans to small businesses and non-profit organizations under the federal Paycheck Protection Program (PPP).

Saving Main Street in the Wake of COVID-19

Strengthening CDFIs is essential for helping businesses and communities rebound from the pandemic
Blog

As Americans are bracing for the health fallout from the COVID-19 outbreak, the nation’s Main Street businesses are fighting for their survival. Salon owners, event planners, shopkeepers and restaurants are being forced to make hard choices—pay their bills or their employees—and the workers who rely on them for their livelihoods face prolonged economic hardship.

Philanthropic Investors Tap “Catalytic Capital” to Seed Innovation & Scale Progress

Article

by Debra Schwartz Managing Director, MacArthur Foundation 

Often, the most compelling impact investments are made, not found.

I have used that phrase over the years to describe how foundations and other impact-focused investors use “catalytic capital” to support social and environmental progress. These patient, flexible, “catalytic” investments are able to take on more risk and/or accept a lower return than commercial capital in order to finance gains that would not otherwise be possible.

The Capacities Foundations Need to Embark on Place-Based Impact Investing

Article

by Teri Lovelace, President, LOCUS Impact Investing

Place-based impact investing is sparking community development projects that create more just, equitable local economies, and build prosperous, vibrant communities. Place-focused foundations, like community foundations and family foundations are exploring ways to complement their traditional grant-making with local investments that can catalyze positive community change. 

Make Every Dollar Count: Is Your Cash Sleeping with the Right Partners?

Blog

by Annie McShiras, Investment Associate, Self-Help Federal Credit Union 

Impact investing has emerged as a major force in philanthropy. Last year the Global Impact Investing Network conducted a survey showing that the estimated value of the impact investing sector doubled between 2017 and 2018, increasing from $114 Billion to $228 Billion in assets under management. The rise of impact investing signals a shift from a “do-no-harm” approach to a demand for investments that actively produce measurable positive social and environmental outcomes.

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