Report Overview
The 2011 Impact Report highlights the cumulative effect of community development finance and the role it plays in strengthening underserved communities. Framed around the idea that impact is greater than the sum of its parts, the report examines how affordable housing, community facilities, economic development projects, and job creation work together to improve quality of life.
In 2011, Clearinghouse CDFI financed more than $96 million in loans and equity investments, supporting affordable housing, community-serving facilities, redevelopment projects, and business expansion. The report also documents cumulative impact since inception, including investments that have expanded opportunity, strengthened neighborhoods, and supported long-term community revitalization.
In 2011, Clearinghouse CDFI financed more than $96 million in loans and equity investments, supporting affordable housing, community-serving facilities, redevelopment projects, and business expansion. The report also documents cumulative impact since inception, including investments that have expanded opportunity, strengthened neighborhoods, and supported long-term community revitalization.
Report Highlights
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Financed more than $96 million in loans and equity investments during 2011 -
Surpassed $850 million in cumulative loans and investments since inception
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Supported the creation of 600 affordable housing units in 2011
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Financed facilities serving 175,000 individuals annually
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Supported more than 770,000 square feet of development and rehabilitation activity in 2011
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Helped create more than 2,000 construction and permanent jobs during 2011
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Financed 70 community development projects in underserved communities during 2011
