About Us

Our Approach

We invest in growth-ready entrepreneurs and industries in underserved areas – often in partnership with the public sector.

We target job-generating small businesses – along with affordable housing developments and renewable energy solutions – to grow local economies. And we ensure positive outcomes are accompanied by positive returns.

$4.3B+

Invested in Small Businesses

$1.1B+

In Affordable Housing Tax Credits

$1B+

In Renewables Transactions

Our investments are made possible by our partners.

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Our Impact Report

We meticulously measure the outcomes of our investments and proactively report the results.

View our Annual Impact Report to learn more.

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Partnering with the Public Sector

Our approach and impact are anchored by our partnerships with the public sector. Championed by legislative leaders, initiatives like the federal and state New Markets Tax Credit and Low-income Housing Tax Credit programs, among others, pair public policy with private sector experience to facilitate the flow of billions of dollars of investment capital to communities across the country.

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"What began as one fund in one state – focused exclusively on small businesses – has grown to dozens of states and programs that include affordable housing and renewable energy initiatives. Still, we recognize the challenges ahead and remain resolute in our determination to drive positive change while producing positive returns."

Steven Stull

President

"Thoughtful fundraising and structuring are at the foundation of every one of our funds. As established experts in tax credit programs with an extensive network of investors, we design our funds to meet or exceed investor expectations while still producing the economic and community development impacts policymakers demand."

Michael Johnson

Managing Director

"Communities across the country are filled with innovative entrepreneurs who often lack access to the financial resources required to sustain success. By providing the right combination of capital and counsel, we help businesses grow, create jobs, and contribute to local economies."

Scott Murphy

Managing Director & Chief Investment Officer

"As we strive to strengthen communities, we believe investors have an opportunity - and obligation - to support profitability and prosperity for all. And, while we know there is still work to be done, we are prepared to do our part - remaining true to our Mission while expanding the scope of how we make it happen."

Sandra M. Moore

Managing Director & Chief Impact Officer