Press release: Community Housing Capital Announces $15 Million Impact Credit Facility with Calvert Impact Capital
“We have had a long-term, successful relationship with Community Housing Capital and this investment continues our support of its mission to create and preserve affordable housing,” said Lucas Pappas, Director of Investments for Calvert Impact Capital. “We are excited to bring new qualified investors into the impact investing space and connect them more directly with strong mission-driven organizations like Community Housing Capital.”
- North America
In 2016, the Egyptian housing ministry estimated that a staggering 500,000 new homes need to be built every year for five years to keep pace with the population growth. Despite these efforts, many Egyptians cannot afford these homes. As a result, they live outside urban city centers in informal settlements with poor access to adequate housing, education or healthcare services.
- North Africa & Near East