South Central USA via Calvert Foundation CIN
Loan
Raises funds for Community Development Financial Institutions (CDFIs) in both the US and around the world
For millions of disadvantaged people in the U.S. and internationally, the door to financial opportunity is closed. Since 1995, Calvert Foundation has been working to open that door and let people in. Calvert Foundation is a nonprofit that has pioneered a new type of investing through our Community Investment Note that delivers a social and financial return. We make it possible for everyday people to invest in organizations around the world that empower people living in low-income communities.
The Note was the first retail impact investment with a global reach available to non-accredited investors, and through our new Women INvesting in Women INitiative (WIN-WIN), Calvert Foundation is the first organization to offer a retail impact investment product with a gender lens. We believe in giving a hand-up and enabling people to lift themselves out of poverty.
Summary
Calvert Foundation gives investors the opportunity to support community development groups building affordable housing, creating jobs and small businesses, and financing community facilities in Arkansas, Louisiana, New Mexico, Oklahoma, and Texas.
Social Impact
Calvert Foundation has great partners that are actively working to provide affordable housing, jobs, and finance small businesses and community facilities in low-income communities throughout the South Central region. These groups have financed child care centers, job/workforce training programs, drug prevention facilities, low-income housing, farms, and many small businesses and social enterprises. We encourage you to learn more about the groups we support.
Impact Example
Gretta Ramirez had her heart set on becoming a homeowner before the end of the year. She was determined to spend the holidays with her husband, her two boys and her father in a home of their own for the first time. Mr. Ramirez works away from home, but that did not keep Mrs. Ramirez from doing a vast amount of research on homeownership. She first came in to Affordable Homes where she met with a Homebuyer Counselor to obtain all information she could in regards to AHSTI’s program. After discussing it with her husband and comparing it with other options she decided Affordable Homes of South Texas provided the best option to meet her and her family’s needs.
