Place-Based Impact Investing: A new report from CCM
Community Capital Management, LLC (CCM), a leading impact and environmental, social, and governance (ESG) investing manager, recently released a new report, “Place-Based Impact Investing: Key Benefits, Lifecycles, and Opportunities.” The report is available for download at no charge.
Report Highlights Include:
- Key benefits of place-based impact investments: Place-based impact investing offers the chance to spotlight collaborative efforts that can result in better economics and better community outcomes. In some cases, a single project or targeted community may receive funding from one or multiple sources resulting in a multitude of local, community benefits, including job creation opportunities and neighborhood revitalization. While place-based investing provides many benefits, we’ve highlighted four in the report given their overall importance to communities and people nationwide. They include affordable housing, economic inclusion, community collaboration, and environmental sustainability.
- The lifecycles of place-based impact investments: While each place-based investment opportunity has unique characteristics, certain themes tend to repeat in the lifecycles and evolution of place-based impact investments and in the securities that end up in CCM’s client portfolios. Every stage of the revitalization process is dependent upon the others for success. Connecting the dots of place-based impact investing can help all participants work more efficiently and with a better understanding of the entire process.
- Opportunities across asset classes: Various place-based impact investment opportunities can be found across different asset classes and risk/return spectrums. We have highlighted three diverse asset classes in the report which investors can start to direct their capital toward positive environmental and social impacts in their local neighborhoods.
“Place-based impact investing refers to the local deployment of impact capital which are investments made with the intent to yield both financial and social and/or environmental returns to address the needs of marginalized communities,” said Jamie Horwitz, chief marketing officer at CCM. “We are pleased to share this new report which takes a closer look at how this style of investing can address economic and environmental disparities in local communities.”
David Sand, CCM’s chief impact strategist, added: “Americans, especially younger generations, increasingly prioritize and support local economies. We are arriving at a collective, and correct, conclusion that global and domestic problems need local solutions and investing in place-based opportunities can offer investors appropriate risk-adjusted returns while positively impacting our communities to be better, greener, and more just.”