In our previous entries, IMPACT CEO Jeff Brenner and I highlighted the vast need for affordable housing across the United States and offered examples of new affordable housing developments IMPACT has financed to help alleviate the shortage. These examples illustrate the role we play in bridging the gap between Wall Street and Main Street. In our latest blog, I’d like to describe the nuts and bolts of our work by sharing three important components. These “differentiators” are what set IMPACT apart from the growing number of advisers new to the space. They are built upon a set of investment principles (Stewardship; Long-term Focus; Impact; Open-minded & Steadfast; and Opportunistic) which are the...

A couple of weeks back, IMPACT CEO Jeff Brenner shared his point-of-view on the crisis of a lack of affordable housing facing America’s communities. Today, I would like to share my perspective by highlighting two new developments, financed by IMPACT, that are good examples of our efforts to alleviate the shortage of affordable homes—a challenge impacting communities of every size across the nation. According to ECONorthwest, 22 states plus D.C. did not build enough housing between 2000-2015. In fact, production fell short by 7.3 million units. The California Housing Partnership reports that workers in many San Francisco Bay Area communities need to make at least four times the minimum wage (nearly $50...