Aeris Announces 14 New CDFI Ratings

PHILADELPHIA, PA, January 7, 2021—Aeris®, the rating and information service for impact investments, announced today that it issued ratings and analysis on 14 community development loan funds (CDFIs) during the fourth quarter of 2020.

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. During the fourth quarter, Aeris added three additional CDFIs to its performance database: Appalachian Growth Capital, NDC Community Impact Loan Fund, and Raza Development Fund.

The full list of Aeris-rated and reporting CDFIs can be found on Aeris’ website: https://www.aerisinsight.com/fund-selector/.

The following 14 CDFIs were analyzed and rated by Aeris between October 1 and December 31, 2020:

CDFI Name Location Impact Area
Accompany Capital New York, NY Economic Security
Black Business Investment Fund Inc. (BBIF) Orlando, FL Economic Security
BlueHub Capital Boston, MA Economic Security, Education, Environmental Sustainability, Health and Food Access, Housing
Building Hope Finance Washington, DC Education
Capital Impact Partners Arlington, VA Economic Security, Health and Food Access, Housing
Chicago Community Loan Fund Chicago, IL Economic Security, Housing
Community Reinvestment Fund, USA Minneapolis, MN Economic Security, Education, Health and Food Access, Housing
Corporation for Supportive Housing New York, NY Housing
Detroit Development Fund Detroit, MI Economic Security, Health and Food Access, Housing
Enterprise Community Loan Fund Columbia, MD Economic Security, Education, Environmental Sustainability, Health and Food Access, Housing
Florida Community Loan Fund Orlando, FL Economic Security, Health and Food Access, Housing
Genesis LA Los Angeles, CA Housing, Economic Security, Education, Environmental Sustainability
Greater Minnesota Housing Fund Saint Paul, MN Housing
Homewise Santa Fe, NM Economic Security, Environmental Sustainability, Housing
Housing Partnership Network Boston, MA Economic Security, Education, Housing
Impact Development Fund Loveland, CO Housing
Inclusiv New York, NY Economic Security, Environmental Sustainability, Housing
Indianapolis Neighborhood Housing Partnership Indianapolis, IN Housing
Kentucky Highlands Investment Corporation London, KY Economic Security, Health and Food Access
Leviticus Fund Tarrytown, NY Economic Security, Education, Health and Food Access, Housing
LiftFund San Antonio, TX Economic Security, Education
Midwest Housing Development Fund Omaha, NE Housing
NCALL Research Fund Dover, DE Economic Security, Environmental Sustainability, Housing
NeighborWorks Capital Corporation Silver Spring, MD Housing
Nonprofit Finance Fund New York, NY Economic Security, Education, Health and Food Access
Opportunity Finance Network Washington, DC Economic Security, Education, Environmental Sustainability, Health and Food Access, Housing
Partner Community Capital Charles Town, WV Economic Security, Environmental Sustainability, Health and Food Access
Partners for the Common Good Washington, DC Economic Security, Education, Environmental Sustainability, Health and Food Access, Housing
Pathway Lending Nashville, TN Economic Security, Education, Environmental Sustainability, Housing
Reinvestment Fund Philadelphia, PA Economic Security, Education, Environmental Sustainability, Health and Food Access, Housing
ROC USA LLC Concord, NH Housing
Self-Help Ventures Fund Durham, NC Economic Security, Education, Environmental Sustainability, Health and Food Access, Housing
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 950 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/.