Santa Fe Community Foundation has embarked on a seven-year pilot, in which it has committed 5 to 10 percent of its pooled assets to impact investing. In 2014, it closed on three $250,000 low-interest loans, the first investment to assist low- and middle-income families purchase homes through a second mortgage program; the second to provide loans, training, and business consulting to small business owners and nonprofits; and the third to provide initial funding for development of an early childhood center in a low-income community. To grow a community of practice and to develop local infrastructure to build community wealth, the foundation co-sponsors the Place-Sourced Impact Investing dialogue series.
Santa Fe Community Foundation
POINT (-105.937799 35.6869752)