The Boards of Directors of NeighborWorks Capital (NC) has approved a capital investment of $250,000 in Impact Marketplace LLC as a Founding Member. ImpactUs’s mission is to facilitate community, societal, and environmental impact alongside financial returns by increasing the flow of capital to mission-driven organizations working to create equitable and thriving communities.
ImpactUs was born from a community-led initiative of leading foundations, universities, community funds and financial institutions working together to grow the impact investment market. ImpactUs was launched by Enterprise Community Partners, a national affordable housing non-profit specializing in capital aggregation, and City First Enterprises, a CDFI focused on crowdfunding’s potential to transform low-income communities.
NeighborWorks Capital’s is pleased to be part of this mission-focused impact investment platform. In addition to the investment in ImpactUs NC will fund the publication of a guidebook to assist NeighborWorks affiliates better understand and utilize this powerful platform.