Capital Impact Partners investment is based on a philosophy of building community by supporting projects that benefit underserved areas. It invests in projects and organizations that support the economic development of communities of color. The organization is actively involved in a number of community initiatives, including the Detroit Good Food Fund and the Michigan Good Food Fund. The organization has also contributed to Michigan's Good Food Fund by investing in local, nonprofit food enterprises. In addition to investing in local businesses, the group has also developed a program called the Michigan Good Food Fund to help local communities develop food.
In addition to making a difference in communities, Capital Impact Partners helps to build communities of opportunity and success. One of its funds, the Age Strong Investment Fund, a partnership between AARP and Calvert Impact Capital, provides direct financing for projects that are transforming the long-term care system. Other programs supported by the Fund include lending to FQHCs and healthy food enterprises. With such a mission, Capital Impact Partners investment is creating opportunities for underserved populations to age in a healthier environment.
Another feature of Capital Impact Partners is its ability to customize loan repayment terms. Its diverse network of alliances, deep experience in communities and flexible repayment terms make it a perfect fit for the mission-driven investment portfolio of the W.K. Kellogg Foundation. Its innovative approach to finance nonprofits is especially appealing. In addition to creating jobs, Capital Impact Partners helps transform communities by supporting the social change they aim to achieve. And, because of its mission, the organization also provides loans for construction of school facilities.
Capital Impact is also a leading nonprofit in housing efforts across the United States. Their programs include Healthier California Fund, Detroit Neighborhoods Fund, Bay's Future Fund, Age Strong Fund, Michigan Good Food, and National Cooperative Grocery Fund, to name a few. With more than $700 million in portfolio, Capital Impact helps underserved communities improve their quality of life by providing needed financing. These projects, in turn, improve access to important services.
Among the most prominent projects financed by Capital Impact are affordable housing, small business development, and educational infrastructure. Capital Impact's leadership in these areas has helped create nearly 2,000 affordable homes in Detroit. Nearly 800 of these homes are maintained for low-income families. Capital Impact has also fueled the development of Detroit's next generation of leaders. More than two thousand students have graduated from Capital Impact-supported programs, with a 100 percent graduation rate.
In addition to providing capital for urban and low-income communities, the firm has helped finance the expansion of charter schools. The Jalen Rose Charter School, an inner-city charter school in Detroit, used a $1.1 million loan from Capital Impact Partners investment to expand its facilities. This expansion provided space for 480 high-school students and created jobs in the surrounding community. Capital Impact Partners is a well-established institution, with a proven track record.

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