Aeris Announces 22 New CDFI Ratings and Two New Investor Clients

PHILADELPHIA, PA, October 5, 2020—Aeris®, the rating and information service for impact investments, announced today that it issued ratings and analysis on 22 community development loan funds (CDFIs) during the third quarter of 2020.

Aeris also announced two new subscribers to its information products: Regions Bank and The David and Lucile Packard Foundation.

For more than 30 years, CDFIs have lifted up the most vulnerable communities in America by providing loans to small businesses, healthcare facilities and schools, affordable and environmentally sustainable rental and ownership housing, healthy food retailers, and more.

Aeris® Rating Reports facilitate investments in CDFIs by offering investors comprehensive analyses of the fundamental financial and management components that indicate a CDFI’s capacity to manage and weather changes in its operating environment. In addition to Aeris Rating Reports, Aeris Performance Maps track quarterly financial performance of rated and reporting CDFIs during these swiftly changing times. The full list of Aeris-rated and reporting CDFIs can be found on Aeris’ website: https://www.aerisinsight.com/fund-selector/.

The following 22 CDFIs were analyzed and rated by Aeris between July 1 and September 30, 2020:

CDFI Name Location Impact Area
Access to Capital for Entrepreneurs Cleveland, GA Economic Security, Health and Healthy Food
BBIF Florida Orlando, FL Economic Security
Capital Impact Partners Washington, DC Housing, Economic Security, Health and Healthy Food
Coastal Enterprises, Inc. Brunswick, ME Housing, Economic Security, Environmental Sustainability
Chicago Community Loan Fund Chicago, IL Housing, Economic Security
Enterprise Community Loan Fund Columbia, MD Housing, Economic Security, Education, Environmental Sustainability, Health and Healthy Food
Finance Fund Capital Corporation Columbus, OH Economic Security, Health and Food Access
Greater Minnesota Housing Fund Saint Paul, MN Housing
IFF Chicago, IL Housing, Education, Health and Healthy Food, Human Services
Mercy Community Capital Denver, CO Housing, Economic Security
NeighborWorks Capital Silver Spring, MD Housing
Northern Initiatives Marquette, MI Economic Security
Opportunity Finance Network Washington, DC Affordable Housing, Business, Economic Security
Opportunity Fund San Jose, CA Economic Security
Partners for The Common Good Washington, DC Housing, Economic Security, Education, Environmental Sustainability, Health and Healthy Food
PIDC Philadelphia, PA Economic Security
Reinvestment Fund Philadelphia, PA Housing, Economic Security, Education, Environmental Sustainability, Health and Healthy Food
Rural Community Assistance Corporation Sacramento, CA Economic Security, Environmental Sustainability, Health and Healthy Food
Rural Enterprise Economic Development Madison, SD Economic Security, Education, Housing, Health and Healthy Food
Southeast Kentucky Economic Development Corporation Somerset, KY Economic Security
South Carolina Community Loan Fund Charleston, SC Housing, Economic Security, Education, Health and Healthy Food
The Housing Fund Nashville, TN Housing

About Aeris

Aeris is a rating and information service for impact investments. Aeris has established risk management standards for private community loan funds (CDFIs) and has helped strengthen the development of impact measurement and management practices in the CDFI industry. Since 2004 Aeris has issued more than 900 ratings on CDFIs, based on thorough analyses of each organization’s capital structure, asset quality, earnings, liquidity, management and governance strength and practices. Aeris’ analyses have been used by more than 160 investors, including financial institutions, government entities, private foundations, and wealth advisors. Contact Aeris for more information: https://www.aerisinsight.com/contact/.