Impact Reporting

When capturing impact for fixed income securities, we employ a proprietary quantitative and qualitative approach to understand what each bond is financing and to report on its multiple positive-based outcomes. Quantitative data can include the number of jobs created or the number of affordable housing units as well as dollar amounts invested in impact themes. Qualitative research is the “story,” so to speak, which includes detailed explanations of what the bond is financing (see Investment Stories). Each bond goes through our rigorous research process which includes impact and financial analysis and is “tagged” with one or more of our 18 impact themes (click here for full descriptions).  For equities, we apply the same internal impact metrics and additionally use a combination of third-party and in-house research to determine where potential holdings fall within four categories (positive impact, impact, neutral, and negative).

Since inception, we have invested over $9.1 billion in impact initiatives nationwide:

$0. 00 billion

financing 393,000 affordable rental housing units

$0. 00 billion

financing 19,300 affordable mortgages

$0 million

in enterprise development/job creation

$0 million

in economic development (i.e, sustainability, revitalization)

$0 million

in statewide homeownership and down payment assistance

$0 million

in affordable healthcare and rehabilitation facilities

Impact Targeting Form

Impact by Geography (2017)

2017: Impact by State
  • Invested < $1MM
  • Invested $1MM - $5MM
  • Invested $5MM - $10MM
  • Invested $10MM - $25MM
  • Invested $25MM - $50MM
  • Invested $50MM - $100MM
  • Invested > $100MM

Impact by Theme (2017)

  • Affordable Housing 41.8%
  • Minority Neighborhoods 19.6%
  • Seniors/Disabled 13.2%
  • Human Empowerment 4.5%
  • Environmental Sustainability 3.9%
  • Affordable Health/Rehab Care 3.2%
  • Rural Community Development 2.8%
  • Education/Childcare 2.3%
  • Healthy Communities 2.0%
  • Neighborhood Revitalization 1.8%
  • Enterprise Development/Jobs 1.7%
  • Gender Lens 1.4%
  • Government Supported Communities 0.8%
  • Transit-Oriented Development 0.6%
  • Disaster Recovery 0.4%
  • Arts & Culture < 0.1%
  • Sustainable Agriculture < 0.1%
2017: Impact by Theme

Overall impact metrics are since inception (8/30/99) to most recent quarter end unless otherwise indicated; economic development includes environmental sustainability, neighborhood revitalization, healthy communities, and other general community development activities.
Impact by geography and impact by theme are for 2017 only. Approximately two percent of CCM’s investments benefited multiple states and nine percent is not specific to a particular geography, both of which are not represented on the map. A full list of regulatory disclosures for Community Capital Management, Inc. are available by visiting: