Stories of Impact

We enjoy sharing impact stories from the investments we have made on behalf of clients across the nation. Our investment analysis requires on-going monitoring from both a financial and impact perspective.

A great way to complement CCM’s ongoing impact research efforts is by encouraging employees to visit properties financed by bonds we’ve invested in, allowing them to see the positive outcomes firsthand. Below we showcase examples of impact investment site visits in addition to story of impact videos spotlighting some of our impact investments. To obtain impact investment examples in your geography, with a specific impact theme, or part of an impact initiative, please email info@ccminvests.com.

Stories of Impact: Videos

On-Site Visit

In June 2024, Kristin Fafard, chief investment strategist, and Victoria Reseska, manager of platform relations, visited Riddlebrook Apartments in East Douglas, MA, an independent living facility for seniors and individuals with diverse abilities. The property has indoor and outdoor space and is conveniently located close to shopping and restaurants. Property amenities include a resident services coordinator, community events, community garden, computer access, and on-site management.

Impact Themes

Affordable Housing

Affordable Housing

On-Site Visit

In December 2024, Jenny Kwon, impact research analyst, and Julia Winck, impact research analyst, visited Yorkville Apartments in New York City. Yorkville Apartments is an affordable rental property for seniors where 131 residential units receive Section 8 assistance. One third (47) of the units are reserved for residents who need an enriched housing program, which provides additional services as an alternative to institutionalization in nursing homes for physically frail elderly people who can no longer live independently. Staff at Yorkville Apartments helps its residents schedule social services and transportation for medical care, and can be reached around the clock in case of emergency. The property also makes auxiliary aides and services available as needed for residents with disabilities. The community is sponsored by New York Foundation for Senior Citizens, Inc., (NYFSC), a nonprofit, non-sectarian social service agency.

Impact Themes

Affordable Health and <br>Rehabilitation Care

Affordable Health and
Rehabilitation Care

Affordable Housing

Affordable Housing

Environmental Sustainability

Environmental Sustainability

Human Empowerment

Human Empowerment

Seniors, Veterans, and <br>People with Disabilities

Seniors, Veterans, and
People with Disabilities

Sustainable Communities

Sustainable Communities

On-Site Visit

In November 2024, Jamie Horwitz, chief marketing officer, and James Malone, chief financial and diversity officer, visited the Bass Museum (The Bass) in Miami Beach, one of the projects being funded by the City of Miami Beach’s “Yes2Arts” bond. The Bass, Miami Beach’s contemporary art museum, showcases works by mid-career and established artists that embody the city’s vibrant and international character. The museum also hosts Bass IDEAS, an education program that leverages art to inspire creativity and growth, with a special focus on early childhood education. Through a partnership with Miami-Dade County Public Schools, Bass IDEAS integrates arts education into school curricula. Planned enhancements at The Bass from the bond issuance include the construction of a multi-use programming space, upgrades to the courtyard and creativity center, improved interior and exterior lighting, enhanced audio-visual capabilities, additional Wi-Fi access points, and various mechanical, utility, and aesthetic improvements.

Impact Themes

Affordable Housing

Affordable Housing

Arts, Culture, and the <br>Creative Economy

Arts, Culture, and the
Creative Economy

Education and Childcare

Education and Childcare

Enterprise Development <br>and Jobs

Enterprise Development
and Jobs

Sustainable Communities

Sustainable Communities

On-Site Visit

In December 2024, Jessica Botelho, co-chief impact strategist, visited St. Mary’s Court, an affordable rental housing community for seniors and people with disabilities in Washington, D.C. Located in the Foggy Bottom neighborhood, adjacent to George Washington University’s Campus, the property resides in a high-poverty census tract where 22% live below the poverty line. St. Mary’s Court offers a range of amenities, including a dedicated service coordinator, a subsidized lunch program, an evening meal program, a recreation area, a library, and a computer learning center. Residents also benefit from transportation for excursions and shopping trips, lectures on various topics, 24-hour desk service, health fairs, and exercise classes. Additionally, they have access to the George Washington University Wellness Center. As a designated nutrition site for the D.C. Office on Aging’s weekday lunch program, St. Mary’s Court provides nutritious and affordable meals to both residents and non-resident community members. The property also boasts a robust activities calendar featuring tai chi, yoga, and chair exercise classes, a weekly blood pressure clinic, arts and crafts classes, ESL courses, and various religious services. Residents are encouraged to participate in committee meetings to share feedback and suggestions.

Impact Themes

Affordable Health and <br>Rehabilitation Care

Affordable Health and
Rehabilitation Care

Affordable Housing

Affordable Housing

Environmental Sustainability

Environmental Sustainability

Human Empowerment

Human Empowerment

Poverty Alleviation

Poverty Alleviation

Seniors, Veterans, and <br>People with Disabilities

Seniors, Veterans, and
People with Disabilities

Sustainable Communities

Sustainable Communities