Impact Investments

What's New

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Chicago Launches New Program to Combat Foreclosures

The City of Chicago has launched a new initiative to prevent foreclosures and stabilize property values in Humboldt Park, Chatham, Chicago Lawn, West Woodlawn, Auburn Gresham, West Pullman, Belmont Cragin, Englewood, and Grant Boulevard.

Transformation Rolls On

From Affordable Housing Finance

Four CDFIs Vie for $8.25 Million in Awards for Responsible Financing Strategies

The Wachovia Wells Fargo NEXT Awards for Opportunity Finance offers the awards in partnership with MacArthur.

Grantees Launch Innovative Foreclosure Prevention Program

The U.S. Treasury has approved the launch of the Mortgage Resolution Fund developed by Mercy Portfolio Services, a nonprofit organization created with start-up funding from the Foundation.
Successful Program Keeps People in Their Homes, Avoiding Foreclosure thumbnail

Successful Program Keeps People in Their Homes, Avoiding Foreclosure

Boston Community Capital — a community development financial institution — has been leading a successful effort to purchase foreclosed homes and sell them back to the original occupants through their Stabilizing Urban Neighborhoods program.

"Prof. Plans to Study Housing Crisis Effects"

From The Daily Northwestern

Innovative Public-Private Partnership Introduces $100 Million Program to Preserve Affordable Rental Homes

An innovative partnership to finance the preservation of federally-subsidized rental housing in underserved markets brings together major financial institutions, philanthropy, and the federal government.

President Signs Bill Creating New Consumer Financial Protection Agency

MacArthur grantee the Center for Responsible Lending played a lead role in the formation of the Bureau, which will put in place comprehensive mortgage protections and help borrowers facing foreclosure.

Wachovia Wells Fargo NEXT Awards for Opportunity Finance Awards Two Outstanding CDFIs $8.25 Million

Boston Community Capital and Enterprise Cascadia were each recognized as two of the nation's top-performing community development financial insitutions.

Staff

Portrait of Debra Schwartz

Debra Schwartz

Managing Director
Portrait of Allison Clark

Allison Clark

Associate Director
Portrait of Joshua J. Mintz

Joshua J. Mintz

Vice President, General Counsel, and Secretary
Portrait of John Balbach

John Balbach

Associate Director

Marion Goldfinger

Senior Grants Manager
Portrait of Lori Scott

Lori Scott

Chief Credit Officer
Portrait of Urmi Sengupta

Urmi Sengupta

Program Officer
Portrait of Nicole Barksdale

Nicole Barksdale

Associate to the Managing Director

Emmalyn Champion

Coordinator
Portrait of Charles Coustan

Charles Coustan

Portfolio Manager

Akobe Sandy

Impact Investment Associate
Portrait of Andrew Solomon

Andrew Solomon

Managing Director, Communications
Portrait of Joanna Cohen

Joanna Cohen

Program Officer
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