Aeris Announces 45 New CDFI Ratings and 2 New Subscribers

Aeris® Rating Reports offer investors comprehensive financial and impact management analysis as well as reporting on impact activities and outcomes of rated CDFIs.

PHILADELPHIA, PA, December 19, 2022—Aeris®, the leading expert in the financial and impact performance of CDFIs and other private impact loan funds, announced today that it has issued new annual ratings on 45 CDFIs in the past nine months. Two of these—Community First Fund and PIDC Community Capital—received new, standalone Aeris® Impact Management Rating Reports, which assess and report how a CDFI measures and manages impact.

Aeris® Rating Reports facilitate investments in CDFIs by offering investors comprehensive analyses of the fundamental impact, financial, and management components that indicate a CDFI’s strength and capacity to manage and weather changes in its operating environment.

Also today, Aeris announced two new subscribers to its information products: TD Bank and Tiedemann Advisors.

In addition to the in-depth analyses found in Aeris Rating Reports, Aeris subscribers utilize Aeris® Performance Maps and Aeris® Explorer, which track quarterly financial performance of rated and reporting CDFIs. Since March 2022, Aeris has added eight CDFIs to its database: Frontier Housing, Institute Capital, Neighborhood Housing Services of Baltimore, Neighborhood Lending Partners of Florida, NeighborWorks Columbus, Opportunity Resource Fund, TMC Community Capital, and TruFund Financial Services.

The full list of Aeris-rated and reporting CDFIs can be found on Aeris’ website: https://www.aerisinsight.com/fund-selector/. Aeris issued the following new annual ratings in the past nine months:

CDFI Name Location Impact Area
Accion Opportunity Fund San Jose, CA Economic Security
Baltimore Community Lending Baltimore, MD Economic Security, Housing
BlueHub Capital Boston, MA Economic Security, Education, Environmental Sustainability, Health and Food Access, Housing
Bridgeway Capital Pittsburgh, PA Economic Security, Health and Food Access
Carolina Small Business Development Fund Raleigh, NC Economic Security
Chicago Community Loan Fund Chicago, IL Economic Security, Housing
Citizen Potawatomi CDC Shawnee, OK Economic Security, Health and Food Access, Housing
Coastal Enterprises Inc. Brunswick, ME Economic Security, Environmental Sustainability, Housing
Colorado Enterprise Fund Inc. Denver, CO Economic Security
Community First Fund Lancaster, PA Economic Security, Health and Food Access, Housing, Education
CommunityWorks Inc. Greenville, SC Economic Security, Housing
Enterprise Community Loan Fund Columbia, MD Economic Security, Education, Environmental Sustainability, Health and Food Access, Housing
Entrepreneur Fund Duluth, MN Economic Security
Fahe Berea, KY Economic Security, Health and Food Access, Housing, Education
Greater Minnesota Housing Fund Saint Paul, MN Housing
Homewise Inc. Santa Fe, NM Economic Security, Environmental Sustainability, Housing
Housing Trust Silicon Valley San Jose, CA Housing
IFF Chicago, IL Education, Health and Food Access, Housing
Invest Detroit Detroit, MI Economic Security, Housing
Kentucky Highlands Investment Corporation London, KY Economic Security, Health and Food Access
Low Income Investment Fund San Francisco, CA Economic Security, Environmental Sustainability, Health and Food Access, Housing, Education
Massachusetts Housing Investment Corporation (MHIC) Boston, MA Housing
Mercy Community Capital Denver, CO Economic Security, Housing
Midwest Housing Development Fund Omaha, NE Housing
MoFi Missoula, MT Economic Security
NCALL Research Fund Dover, DE Economic Security, Environmental Sustainability, Housing
NeighborWorks Capital Corporation Silver Spring, MD Housing
New Hampshire Community Loan Fund Concord, NH Housing, Economic Security, Health and Food Access, Education
New Jersey Community Capital New Brunswick, NJ Housing, Economic Security, Environmental Sustainability, Health and Food Access
Northern Initiatives Marquette, MI Economic Security
Opportunity Finance Network Washington, DC Economic Security, Education, Environmental Sustainability, Health and Food Access, Housing
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
PeopleFund Austin, TX Economic Security, Education
PIDC Community Capital Philadelphia, PA Economic Security
Primary Care Development Corporation New York, NY Health and Food Access
Propel Nonprofits Minneapolis, MN Education, Health and Food Access, Housing
Reinvestment Fund Philadelphia, PA Economic Security, Education, Environmental Sustainability, Health and Food Access, Housing
Rural Community Assistance Corporation West Sacramento, CA Economic Security, Environmental Sustainability, Health and Food Access
Rural Electric Economic Development Inc. Madison, SD Economic Security, Health and Food Access, Housing, Education
Self-Help Ventures Fund Durham, NC Economic Security, Education, Environmental Sustainability, Health and Food Access, Housing
Southeast Kentucky Economic Development Corporation Inc (SKED) Somerset, KY Economic Security
The Housing Fund Nashville, TN Housing
True Access Capital Wilmington, DE Economic Security
Wisconsin Women’s Business Initiative Corporation Milwaukee, WI Economic Security

 

About Aeris

Aeris is the leading expert in the financial and impact performance of CDFIs and other private impact loan funds. Drawing upon our in-depth knowledge, we guide capital to good by providing indispensable tools and solutions to more than 200 corporate, government, and philanthropic CDFI investors and other stakeholders. Since 2004, Aeris® Ratings, analyses, and data have grown to cover more than 150 CDFIs managing more than $19 billion in loan capital. Contact Aeris for more information: https://www.aerisinsight.com/contact/.