Investment Stories

To obtain investment examples, such as the ones below, in your geography or with a specific impact theme, please email Gabby Bastos at gbastos@ccminvests.com or call 954-217-7999.


Community Capital Management, Inc. is an investment advisor registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940. The securities identified and described herein are current separate account holdings and for illustrative purposes. Their selection was based upon non-performance criteria, such as the security’s social and/or environmental attributes. Impact figures mentioned in this report are approximate values. Past performance does not guarantee future results. Market conditions can vary widely over time and can result in a loss of portfolio value.

About

The Elizabeth Seton Pediatric Center was established in 1987 by the Sisters of Charity of New York. It was founded to provide specialized clinical and rehabilitative services to medically complex children with multiple physical and neurological conditions and disabilities. In March of 2012, the Center relocated from Manhattan to a brand new, state-of-the-art facility in Yonkers, NY. This 165,000 square foot complex serves 137 of New York State’s most medically complex children.

Impact

The loan to Elizabeth Seton Pediatric Center helped finance the construction and expansion of the Center to accommodate 32 additional children who are dependent on ventilators. The three-story addition enables the facility to serve a total of 50 ventilator-dependent children and brings the total number of children served by the Center to 169. In addition, the on-site John A. Coleman School added more classrooms to educate these new residents. With the expansion, the Center has hired an additional 100+ employees. The Center is also committed to the environment through its green initiative and building design. The Yonkers facility has been awarded a Leadership in Energy and Environmental Design (LEED) Gold Certification.

On-Site Visit

In 2016, David Sand, chief investment strategist, went on a tour and was impressed with the Center, its level of care for the children, and its commitment to the environment. He learned about the many services offered including clinical, rehabilitation, palliative care, and creative arts therapies.

Impact Themes

A

Affordable
Health/Rehab Care

E

Education/
Childcare

E

Enterprise Development/
Jobs

E

Environmental
Sustainability

About

Solabella Apartments is an affordable rental property in Miami Gardens, Florida located in a HUD-designated “Difficult Development Area” with a minority population making up 97% of its census tract. The property consists of 92 townhouse apartment units, 100% of which are restricted to residents with incomes at or below 60% of area median income. Energy conservation features include programmable thermostats, toilets with dual flush options, Energy Star lighting and appliances, and Carpet and Rug Institute Green Label certification. On-site resident programs include first-time home-buyer seminars, welfare-to-work self-sufficiency programs, literacy training, health and nutrition classes, and financial counseling. Health care services such as health screenings, flu shots, and vision and hearing tests are provided by health care professionals.

Impact

South Florida is one of many U.S. regions affected by the collapse in the housing market. Some of the cities within this region, such as those in Miami Gardens, have been identified as the greatest areas of need due to the negative effects of a high number of foreclosed homes. The high foreclosure, vacancy, and high sub-prime mortgage rates in the identified census tracts combined with high unemployment rates make the selected geographic area a top priority for neighborhood stabilization activities. 

Impact Themes

A

Affordable Health/Rehab Care

A

Affordable Housing

E

Environmental Sustainability

G

Government Supported Communities

H

Human Empowerment

M

Minority Neighborhoods

About

Oportun is a Community Development Financial Institution (CDFI) whose mission is to provide affordable loans to underserved Hispanic communities and other communities with little or no credit history.  Founded in 2005, Oportun uses advanced data analytics and technology to score the “unscoreable” and offer responsible, affordable, credit-building loans to individuals with limited credit history. Established in 2005, Oportun has 205 retail locations in California, Texas, Illinois, Utah, Nevada, Arizona.  As of August 31, 2016, the organization employs 1,087 full-time staff members in the U.S. in addition to 1,149 full-time equivalent workers in their Mexican subsidiary and call centers.  Oportun offers bilingual (English/Spanish) servicing and documentation via telephone, web, mobile, or in-person.

Impact

Oportun has provided over 1.5 million loans to more than 770,000 customers, 90% of which live in low- to moderate-income neighborhoods.  Its customers have saved an estimated $345 million in interest and fees by borrowing money from the company instead of choosing other alternatives typically available to people with limited credit history.  Loans are used for purchasing and repairing cars, establishing and building credit, consolidating debts, assisting loved ones, emergencies both medical and otherwise, and purchasing goods and services.  The average Oportun customer has an annual gross income of $36,557 with an average tenure of 5.7 years with the same employer. 

Impact Themes

E

Enterprise Development/Jobs

H

Human Empowerment