This equity investment supports MoCaFi, a financial services platform with a philosophy of "financial services as infrastructure," to proliferate cost-effective tools for municipalities and enhance direct support and fund deployment to un/under-banked communities. The investment supports the Health Program's Community Health Ecosystems strategy, which focuses on increasing access to local, community-centered health-promoting services, providers, and opportunities. View Website

The Equitable Prosperity Fund's (EPF) mission is to provide growth capital that is more accessible to BIPOC entrepreneurs and less extractive than alternative sources. EPF investments are designed to help these businesses scale, build owner wealth, and pathways to capital. This fund is managed by Capital Impact Partners, under the umbrella of Momentus Capital. View Website

The Chicago Trend Real Estate Fund (TREF) is a close-ended fund established to build wealth for BIPOC communities and community voice via the acquisition of community based, service-oriented shopping centers, retail corridors and new real estate across the United States with particular focus in the Midwest, Mid-Atlantic, and Southeastern regions. View Website

This guarantee will provide credit enhancement to Capital Fund, a CDFI that specializes in providing financing to community health centers. A loan from Capital Fund will provide Collective Energy with long-term debt, which will help to provide the permanent/take-out financing for projects developed with Kresge's related PRI capital. View Website

This loan aims to enable Collective Energy to finance predevelopment and construction activities for solar+storage projects at community health centers. View Website

A CDFI, Seed Commons specializes in financing worker-owned cooperatives via non-extractive financing. This program-related investment loan will allow them to expand lending capacity. Seed Commons operates akin to a “fund of funds” model wherein it provides capital for mission-aligned loans made by a network of local community organizations. View Website

This program-related investment loan to Bridgeway Capital will allow the organization to partner with the University of Pittsburgh Medical System (UPMC) to increase the supply of affordable housing in four Pittsburgh neighborhoods. The investment is part of a partnership with the Robert Wood Johnson Foundation and The Center for Community Investment's Accelerating Investments for Healthy Communities program. View Website

Massachusetts Housing Investment Corporation (MHIC) is a private financier of affordable housing and community development throughout Massachusetts. This program-related investment loan supports a collaboration between the Conservation Law Foundation and MHIC through which the partners expect to make at least three investments in health-oriented enterprises in New England, in each case drawing in local health insurer, hospital or other significant entity as a risk-taking co-investor. View Website

Massachusetts Housing Investment Corporation (MHIC) is a private financier of affordable housing and community development throughout Massachusetts. This guarantee investment is a collaboration between the Conservation Law Foundation and MHIC through which the partners expect to make at least three investments in health-oriented enterprises in New England. Projects will be businesses and social enterprises located in low-income neighborhoods that are intended to have a positive health impact on residents. View Website

LIFF is a Community Development Financial Institution (CDFI) that creates pathways of opportunity for low-income individuals and communities. This program-related investment loan guarantee will support the SPARCC Initiative, which stands for Strong, Prosperous, and Resilient Communities Challenge. SPARCC will support multi-sector coalitions in six geographic-regions that are focused on creating equitable opportunities and greater access to opportunity for people with low incomes. Participating coalitions will benefit from a mix of core operating support, technical assistance, convening, strategic communications, innovation grants and lending to take advantage of time-sensitive catalytic investments. View Website

ECLF is a nonprofit Community Development Financial Institution (CDFI) provides access to financing for local projects including affordable housing, charter schools, and community health centers. This program-related investment loan guarantee will support the SPARCC Initiative, which stands for Strong, Prosperous, and Resilient Communities Challenge. SPARCC will support multi-sector coalitions in six  geographic regions that are focused on creating equitable opportunities and greater access to opportunity for people with low incomes. Participating coalitions will benefit from a mix of core operating support, technical assistance, convening, strategic communications, innovation grants and lending to take advantage of time-sensitive catalytic investments. View Website

The Community Outcomes Fund, being developed by Maycomb Capital, is a new equity fund that will invest in outcomes based financing transactions in the US. The Fund seeks to help the public sector invest in social and health services that produce measurable outcomes and deliver financial returns to investors. This guarantee will provide partial credit protection to Fund investors in the event of underperformance. View Website

A CDFI made up of two credit unions, a nonprofit loan und and an advocacy group. It supports and promotes homeownership to help families build financial security, provides responsible and affordable financial services, promotes policy solutions to encourage responsible lending. This loan will support community-led and sustainable food systems in North Carolina. View Website

This CDFI invests, connects and advises financial practices to reduce social, economic and racial disparities in Wisconsin. This loan will support the continued growth of its lending and community development activity in disinvested Milwaukee neighborhoods, defined as zip code 53206 and adjacent areas. View Website

This CFDI uses strategic partnerships to scale up incubation models, affect public policy, do capacity building and strategic financing. This loan supports its partnership with the Memphis Medical District Collaborative to finance and promote community development, residential density and walkability. This takes the total KCF investment for $2 million for this work. View Website

A CDFI that provides financing products and works for economic, social and racial justice by advancing community based, cooperative and democratically- owned or managed enterprises. CFNE will use these funds to finance projects that create healthy places by supporting affordable housing and healthy food retail in southern New England. View Website

A CDFI that helps finance and incubate programs and projects that ensure low-to-moderate income individuals have access to quality health care and education, healthy foods, affordable housing and the ability to age with dignity. This loan will support a fund for real estate development, small business development and transit-oriented investments in Memphis. View Website

The Michigan Good Food Fund (MGFF) is a public-private partnership fund created to finance healthy food production, distribution, processing and retail projects that benefit underserved communities throughout Michigan. It is designed to provide flexible capital and grant investments to healthy food enterprises often overlooked by traditional financial institutions. MGFF also offers business assistance to help entrepreneurs grow their ventures and prepare for financing. View Website

In the second round of funding for the Healthy Futures Fund, the program will target health centers intentionally working to address the social determinants of health through partnerships and community development. Projects will address health issues such as diet and exercise, tobacco use, social and economic factors and physical environment. Dignity Health joined as a lender in this round, which is expected to result in investments in more than 10 health centers and housing developments. The fund was formed in 2012 with support from Morgan Stanley, Kresge and Local Initiatives Support Corporation (LISC) with the goal to improve primary access care in low-income communities. The fund uses both New-Market Tax Credits to invest in Federally Qualified Health Centers, and Low-Income Housing Tax Credits to invest in affordable housing developments with on-site health services. View Website

This equity investment will support the development of new housing units for homeless people who are frequent users of health and emergency services. Kresge’s equity investment is part of a new financing model being tested to expand capital sources for this type of housing. The Supportive Housing Accelerator has a mission to provide quality housing to homeless populations, improving their physical and mental health and reducing public sector costs. Mercy has developed 128 rental properties across 36 counties in California to serve low-income families, seniors and individuals. View Website