Reinvestment Fund Issues $50 Million in Impact Investment Bonds

Following on the heels of an announcement by Local Initiatives Support Corporation last month, another CDFI, the Reinvestment Fund, announced today it’s issuing $50 million of impact investment, general obligation bonds. They say the bonds are in response to the increasing demand among investors for impact investing opportunities supporting low-income communities across the country.

 

Proceeds from Reinvestment Fund's Impact Investment bonds will support small businesses, grocery stores, and childcare centers in lower-income communities, with a goal of providing jobs while boosting local economic growth.