What makes community investment impactful?
Community development financial is commonly understood to have a focus on improving the lives of low-income or marginalized people regardless of where they live.
As per GIIN, "Investing in home mortgages, small businesses, consumer loans to low-income households, affordable housing projects, and community facilities deliver social benefits to low income or marginalized communities while also generating a financial return. Research shows that benefits include improved physical and mental health, healthier childhood development, reduced government spending, improved standard of living, improved community health, and stronger local economies."
As a community development financial institution (CDFI), Capital Plus Financial provides capital to markets identified as underserved by the community. Capital Plus Financial believes that homeownership in these underserved markets will result in a positive economic and social impact on the community.
Join us to an inspiring conversation with Eric Donnelly, CEO of Capital Plus Financial and Lorena Rodriguez from Sopact.
Topics to be discussed are,
1) What drives Capital Plus Financial to embark on an Impact Management journey?
2) What are the challenges they overcame while building the impact strategy?
3) What challenges did they face while collecting impact evidence and listening to the stakeholders?
4) How impact evidence will support Capital Plus on raising more capital and relating to their investors/funders?