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OUR COMMUNITY IMPACT
Impact Capital helps transform distressed communities and neighborhoods into healthy ones - good places to live, work, do business and raise families.
Investing in communities - Impact Capital provides early bridge financing for strategic real estate investments. We take the riskiest part of the financing package, thereby attracting other investors to the table.
Since 1994, Impact Capital has:
- Invested more than $92 million in Washington state
- Leveraged more than $2.1 billion in development, bringing $22 to Washington communities for every $1 invested by Impact Capital
This investment translates to the following results:
- 17,263 affordable ownership and rental housing units
- 13 childcare facilities
- 11 community centers
- 2 job training facilities
- 4 arts and cultural facilities
- 534,000 square feet of retail and industrial space
Transforming distressed communities into healthy ones - Impact Capital partners with communities long term to change their economic trajectory from declining or stagnant to vibrant.
- By providing safe, decent affordable housing to people for whom it is out of reach
- By promoting vibrant business districts
- By increasing family income and wealth
- By making neighborhoods safer, more livable, and healthier
- By strengthening civic institutions and local leadership
Sustaining benefits - Impact Capital works behind the scenes to stabilize and strengthen the community development field, and steward our investment in communities.
Highlights 2001-2008:
- Infused nearly $1.3 million for direct operating support and targeted technical assistance into nonprofit community development organizations to promote effectiveness and productivity
- Provided $84,000 in training scholarships for community development leaders
- Preserved 724 units of threatened housing through our portfolio stabilization service
2008-2010 Strategic Priorities
Expanding investment in real estate in underserved communities, especially investment in affordable housing serving people across the income spectrum.
Preserving Washington's existing stock of affordable housing through an expanded Portfolio Stabilization Program.
Launching new Neighborhood Revitalization sites for comprehensive community development work.
Increasing awareness and stimulating dialogue among community leaders to promote investment in community development.