New national investment pool names Richmond manager
LOCUS Impact Investing has been named the program manager for the Community Investment Guarantee Pool, a group of ten philanthropic organizations across the United States and a large healthcare system serving as a catalyst for more than $150 million in new community investments in small businesses, climate and affordable housing.
The first of its kind in the U.S., the project made a splash in national media, and even caught the attention of Forbes. Here are a few more stories on the Pool, explaining the details of the project and what areas of the country it will have an impact on:
SOURCE |
ARTICLE TITLE |
| Forbes |
More Catalytic Capital: A New $33M Guarantee Pool Aims To Encourage Community Investment |
| Crain’s Detroit |
Kresge secures $33.1 million for national loan guarantees backing public investments |
| Virginia Business |
Richmond-based investment nonprofit to manage $33M guarantee pool |
| Cision PR Newswire |
U.S. sees launch of first guarantee pool for community development investments |
| ImpactAlpha |