Capital on a Mission
Dear Friends and Supporters,
This year’s Social Return on Investment Report builds on our continued work to track, evaluate, and share our impact, providing our investors with critical insights into how their money is hard at work in communities throughout the nation.
A new map shows our investments state-by-state, totaling $1.6 billion over the past three decades.
In recent years, we made it a priority to support businesses and community groups working to strengthen their neighborhoods beyond housing. You can see over the past five years, not only have we made tremendous strides in protecting and creating affordable homes, we have also invested in schools, health care centers, grocery stores, and community hubs for entrepreneurs and artists.
The crux of More Than a Home: Investing Together to Create Opportunity features the stories of working families living at Clarendon Court – an affordable housing development protected thanks to local impact investors. For parents like M.D. who is rebuilding after losing his business during the recession, or Lee who juggles an inconsistent part-time work schedule, living at Clarendon Court means that their children will have access to a first-class education at the local public schools and a chance at a bright future.
In featuring Clarendon Court, we are also celebrating Our Region, Your Investment – an initiative to engage new investors to solve housing challenges in the Washington, D.C. region. In less than two years’ time, we have raised more than $12 million from community members and local businesses, invested their capital to protect nearly 500 homes (and counting!), and reported on the impact of those investments – a true success by all measures!
My thanks to our investors, funders, and partners. We are stronger with your support, and together we are revitalizing communities and creating opportunities for people to thrive. Thank you for joining us; our capital is on a mission!
President, Enterprise Community Loan Fund