Capital Impact Partners

What Capital Impact Partners does

Capital Impact Partners is a nonprofit Community Development Financial Institution (CDFI) founded in 1982 and headquartered in Arlington, Virginia, operating as part of the Momentus Capital family of organizations alongside CDC Small Business Finance and Momentus Securities. The institution provides mission-driven financing, capacity-building programs, and impact investments to nonprofits, community-rooted real estate developers, cooperatives, growth-stage companies, federally qualified health centers, and charter schools, with concentrated lending in California, Georgia, Michigan, Texas, the New York metro area, and the Washington, D.C. metro area. Its product surface spans real estate-backed loans (from $500K acquisition and predevelopment loans through mini-permanent financing, with up to 90–125% loan-to-value), New Markets Tax Credit (NMTC) financing, microloans ($1K–$10M), charter school and health center facility loans, and non-dilutive impact investment instruments (profit-share preferred equity and revenue-share mezzanine debt, $1–15M). Capital Impact has deployed more than $3.0 billion since 1982, with a $557.3 million on-balance-sheet loan portfolio and $753.3 million total capitalization as of December 31, 2024.

The business model combines interest income and origination fees on lending with returns from impact investments, program and grants-administration fees (e.g., EDI Developers, Growing Housing Developers, Housing Accelerator Fellowship, Nourish DC Collaborative, Co-op Innovation Awards), and fixed-rate funding raised through Capital Impact Investment Notes (a $300 million total offering distributed via InspereX and brokerage accounts). Capital Impact holds S&P AA (since 2017) and Fitch A+ issuer credit ratings, plus a continuous Aeris rating since 2005, and has been a certified CDFI since 2011 with NMTC allocation authority since 2003. Distribution is primarily direct field sales through regional market leads (NY Metro, Eastern, Western, Texas/Southeast, DMV, Michigan/Great Lakes, California) with co-lending partnerships via the Nourish DC CDFI network (Wacif, LEDC, City First Enterprises, CDC Small Business Finance) and strategic funding partnerships with Wells Fargo, JPMorgan Chase, U.S. Bank, Morgan Stanley, Amazon, and the U.S. Department of the Treasury CDFI Fund. The 2025 integration under the Momentus Capital brand consolidates a continuum of capital — lending, impact investing, and capacity building — across the family.

Name

Capital Impact Partners

Legal name

Capital Impact Partners

Website

https://capitalimpact.org

Company type

Private

Founded year

1982

Operating status

Operating

Headcount range

101–250 employees

Short description

Capital Impact Partners is a nonprofit Community Development Financial Institution providing mission-driven loans, New Markets Tax Credit financing, and non-dilutive impact investments to nonprofits, community-rooted real estate developers, cooperatives, growth-stage companies, health centers, and charter schools nationwide.

Ownership category

akta.pro rank

Product category

Community Development Finance

NAICS

Real Estate Credit (522292), Other Investment Pools and Funds (5259), Miscellaneous Intermediation (52391)

SIC

Miscellaneous Business Credit Institution (6159), Mortgage Bankers & Loan Correspondents (6162), Investors, Nec (6799)

akta.pro primary industry

Impact Investing & Social Finance (Funds, CDFIs, Microfinance) (BPAGALAA)

akta.pro secondary industries

Impact Investing (Intentional, Measurable Social/Environmental Outcomes) (FSAAALAC), Community Development & Affordable Housing Funds (FSANAJAK), Social Infrastructure Funds (Schools, Hospitals, Civic) (FSANAEAN)

Keywords

• Community development lending
• Impact investment capital
• Affordable housing financing
• CDFI nonprofit lending
• Cooperative development financing

Headquarters

HQ city

Arlington

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Loan Interest and Fees: Interest income and origination fees from lending products including acquisition loans, construction loans, mini-permanent loans, and bridge loans ranging from $500,000 to multi-million dollar transactions.
2. Impact Investment Returns: Returns from profit share arrangements on preferred equity investments and revenue share on mezzanine debt instruments targeting $1-15 million investments in growth-stage companies.
3. Capital Impact Investment Notes: Investment-grade notes offered to individuals and institutions earning fixed interest rates with terms up to 20 years. Total offering of $300,000,000.
4. Program Fees and Grants Administration: Grants management and program delivery fees from initiatives like EDI Developers, Co-op Innovation Awards, Nourish DC, and Housing Accelerator Fellowship funded by partners like Wells Fargo and Amazon.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels9 records

Core offering

Capital Impact Partners is a nonprofit Community Development Financial Institution that provides mission-driven loans ($500,000 and up across predevelopment, acquisition, construction, bridge, and mini-permanent financing) and non-dilutive impact investments (preferred equity and mezzanine debt of $1–15 million) to nonprofits, real estate developers, cooperatives, and growth-stage companies. It complements this capital with capacity-building programs and sells Capital Impact Investment Notes to social impact investors seeking fixed returns while funding community development.

Differentiator

Problem solved

Functional benefit

Products and services

• Mission-Driven Real Estate Lending Flexible real estate-backed loans from $500,000 and up covering predevelopment, acquisition (up to 90–125% LTV), construction, bridge, and mini-permanent financing for nonprofits, charter schools, health centers, and community-rooted real estate developers. Includes no prepayment fees on creative financing products.
• Impact Investments (Profit-Share Preferred Equity & Revenue-Share Mezzanine Debt) Non-dilutive growth capital of $1–15 million for for-profit, growth-stage companies (typically $4M+ revenue) creating economic opportunities, increasing access to food and health care, or growing employee ownership. Structures include Profit Share Preferred Equity (variable profit share + fixed dividend, 3–5 year hold) and Revenue Share Mezzanine Debt (variable revenue share + fixed interest, 3–5 year term).
• Capital Impact Investment Notes Investment-grade notes offered to individuals and institutions earning fixed interest rates with terms up to 20 years; total offering of $300,000,000, available through brokerage accounts with a $1,000 minimum investment.
• Nourish DC Collaborative Loans Microloans from $1,000 up to real estate-secured loans of $10,000,000 with terms of 90 days to 10 years, plus technical assistance for food entrepreneurs and small businesses in Washington D.C., delivered through CDFI partners Wacif, LEDC, City First Enterprises, EatsPlace, and CDC Small Business Finance.
• Co-op Innovation Awards Annual one-year grants of up to $50,000 awarded to innovative cooperative strategies across food, housing, and worker cooperatives, paired with access to capital, networks, and capacity-building support.
• EDI Developers Program Capacity-building program providing training, mentorship, and networking for community-rooted real estate developers, with cohorts in Detroit, D.C., San Francisco, Atlanta, and Dallas.
• Wells Fargo Growing Housing Developers Initiative Coalition-led capacity building and capital access program for emerging housing developers, with a target of producing a minimum of 1,500 affordable housing units over six years through access to capital and training for housing entrepreneurs.
• Housing Accelerator Fellowship Fellowship program for affordable housing developers in the Washington D.C. metropolitan area funded by Amazon's Housing Fund, providing grants, loans, mentorship, and capacity building to preserve and create affordable homes.
• New Markets Tax Credits (NMTC) Financing Experienced New Markets Tax Credit lender and certified Community Development Entity (CDE) providing NMTC financing to attract private capital for community development projects in low-income communities.

Quantifiable outcome

• $3.0+ billion invested in communities since 1982
• +6 more outcomes

Named customers10 records

Segments7 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

18 partnerships are on record, tiered core, secondary and minor.

• National Cooperative BankcoreGTM or Marketing PartnerNational Cooperative Bank is a proud sponsor of the Co-op Innovation Awards program, supporting cooperative growth and development in communities nationwide.
• CoBanksecondaryGTM or Marketing PartnerCoBank serves as Innovator-level sponsor of the Co-op Innovation Awards, supporting innovative cooperative strategies across food, housing, and worker cooperatives.
• National Co-op GrocersminorGTM or Marketing PartnerCooperator-level sponsor of the Co-op Innovation Awards supporting cooperative movement building.
• Loeb & Loeb LLPminorGTM or Marketing PartnerSponsor of the Co-op Innovation Awards supporting cooperative innovation.
• Gallagher LLPminorGTM or Marketing PartnerSponsor of the Co-op Innovation Awards supporting cooperative innovation.
• Ford & Paulekas LLPminorGTM or Marketing PartnerSponsor of the Co-op Innovation Awards supporting cooperative innovation.
• VelocityminorGTM or Marketing PartnerSponsor of the Co-op Innovation Awards supporting cooperative innovation.
• Washington Area Community Investment Fund (Wacif)coreStrategic or Co-development PartnerNourish DC CDFI lending partner offering multiple loan products to meet varied financing needs of food entrepreneurs. Also provides Ascend Capital Accelerator program for entrepreneurs.
• Latino Economic Development Center (LEDC)coreStrategic or Co-development PartnerNourish DC partner providing Food Ventures Initiative program for entrepreneurs to develop, test, and formalize food business ideas. Offers loans through Nourish DC collaborative.
• City First EnterprisescoreStrategic or Co-development PartnerNourish DC CDFI lending partner providing flexible loans to emerging and existing food businesses in Washington D.C.
• EatsPlacecoreStrategic or Co-development PartnerNourish DC partner providing business consulting, commercial kitchen incubator, and pop-up lab space for farm and food businesses. Also a Nourish DC lending partner.
• Dreaming Out LoudsecondaryStrategic or Co-development PartnerDREAM Program partner offering 16-week incubator program for food entrepreneurs residing in Washington D.C. as part of Nourish DC technical assistance offerings.
• CDC Small Business FinancecoreStrategic or Co-development PartnerNourish DC partner providing Small Business Advisory Services and Nourish DC lending products. Part of Momentus Capital family of organizations.
• Low Income Investment Fund (LIIF)coreStrategic or Co-development PartnerCoalition partner with Capital Impact Partners and Reinvestment Fund implementing the Wells Fargo Growing Housing Developers $30 million initiative.
• Reinvestment FundcoreStrategic or Co-development PartnerCoalition partner with Capital Impact Partners and LIIF implementing the Wells Fargo Growing Housing Developers $30 million initiative.
• CDC Small Business FinancecoreStrategic or Co-development PartnerPart of Momentus Capital family of organizations. Nation's leading mission-based SBA small business lender providing SBA 504, 7(a), and microloans plus business advising services.
• Momentus SecuritiescoreStrategic or Co-development PartnerPart of Momentus Capital family. SEC-registered broker-dealer and FINRA/SIPC member providing advisory, capital markets, SBA loan trading, and municipal advisory services.
• InspereXcoreChannel Partner/ Reseller/ DistributorLead sales agent for Capital Impact Investment Notes, assisting investment professionals with information about purchasing the notes.

Scale indicators23 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Local Initiatives Support Corporation (LISC): One of the largest U.S. CDFIs providing loans, equity, and capacity building for affordable housing, community development, and health — directly comparable to Capital Impact's mission-driven lending model across similar borrower segments and geographies.
• Low Income Investment Fund (LIIF): A national CDFI that finances childcare, housing, education, and health facilities serving low-income communities. Directly comparable as a co-implementer of the Wells Fargo Growing Housing Developers initiative alongside Capital Impact.
• Reinvestment Fund: A national CDFI deploying capital, data, and policy expertise for housing, education, and community health. Direct peer and co-implementer of the Wells Fargo Growing Housing Developers $30M program with Capital Impact.
• Enterprise Community Partners: National nonprofit combining lending, development, and policy advocacy for affordable housing and community development — closely comparable scope to Capital Impact's affordable housing and community facilities financing.
• CDC Small Business Finance: Sister organization within Momentus Capital and the nation's leading mission-based SBA small business lender. Provides directly comparable CDFI lending products (SBA 504, 7(a), microloans) and shares infrastructure with Capital Impact.
• RSF Social Finance: A nonprofit financial services organization providing loans, investments, and giving solutions aligned with social and environmental impact — closely comparable to Capital Impact's integrated lending and impact investment model.
• Calvert Impact Capital: A nonprofit impact investment firm providing debt capital to CDFIs and mission-driven enterprises globally — directly comparable in deploying pooled capital into community development lending.
• Self-Help Credit Union: A CDFI credit union providing responsible loans to low-income, minority, and other underserved borrowers across affordable housing and small business — overlapping mission and product set with Capital Impact.
• National Cooperative Bank: A cooperatively owned bank serving co-ops and socially responsible organizations. Capital Impact board member Casey Fannon is NCB's CEO, and NCB sponsors the Co-op Innovation Awards — making it a directly comparable peer in cooperative lending.

Broad incumbents

• Opportunity Finance Network (OFN): The national membership association and capital intermediary for the CDFI industry. Acts as an industry-level intermediary that channels capital to CDFIs including Capital Impact, making it a broad incumbent comparable rather than a direct competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/capitalimpact

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds6 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Capital Impact Partners