$50 Million Invested
By: Lori Chatman, President, Enterprise Community Loan Fund
In July Enterprise Community Loan Fund surpassed its $50 million investment goal – the target it set when creating the Impact Note program in 2010. Loan Fund’s success with the Impact Note has led to its emergence as a leader in community development impact investing. For example, Enterprise is co-leading the Accelerating Impact Investing Initiative to advance impact investing opportunities through policy change.
Our Region, Your Investment
Earlier this year Loan Fund launched Our Region, Your Investment to tackle the housing crisis in the Washington, D.C. region by growing the amount of capital available through impact investing. To date, local residents, foundations, and businesses have invested $7 million to support projects like Fort Stevens Place in Washington, D.C. and Clarendon Court in Arlington, Virginia. Loan Fund wants to scale the success of Our Region, Your Investment by creating local Impact Note campaigns throughout the nation. This fall Loan Fund will announce the next opportunity for impact investors to connect with their community, so stay tuned. Also coming this fall are its new Social Return on Investment impact case studies. This year the focus is on researching the linkages between health, housing and homelessness and we're talking with our residents, like Serena who is pictured above.
Revitalizing Communities Together
Loan Fund thanks its Impact Note investors for supporting its work and mission – we are stronger with your support. By funding exceptional projects like BOOM!Health Center and companies like Honor Capital and Detroit Bikes, together we are revitalizing communities and creating opportunities for people to thrive. To see this in action, check out our new video on how we are investing in Baltimore's Remington neighborhood.