Calvert Foundation:
Providing the Perfect Match
You could call the Calvert Social Investment Foundation (CF) in Bethesda, MD, a matchmaker. This financial intermediary of the community development financial community "pairs" selected nonprofits with banks looking for Community Reinvestment Act (CRA) qualified community development lending and investment opportunities.
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Bay Area Funds Focus on the
Double Bottom Line
A family of three community development funds in San Francisco is making a tempting offer to banks: Invest with us and you'll obtain a good return for your bank's bottom line as well as for your community. The Bay Area Family of Funds says its bank investors can expect to get more than just possible Community Reinvestment Act (CRA) credit. Bay Area Fund Executive Vice President and Managing Director Elizabeth Ferguson says the fund's investments in environmental cleanup, local business growth, and real estate will seek to generate private equity market rates of return for bank investors.
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