HOUSING& explores “The Power of Impact Investing”

Last year, Enterprise Community Loan Fund and the Washington Regional Association of Grantmakers (WRAG) launched Our Region, Your Investment – an impact investing initiative to bring new capital to our region in support of housing affordability.

After only one year, foundations, businesses, nonprofits, and individuals have already invested $11M in this initiative. Every dollar has been deployed to prevent the displacement of more than 280 families and individuals living in the region through the support of projects in Washington, D.C., Maryland, and Virginia.

Last week HOUSING& hosted “The Power of Impact Investing” in partnership with WRAG and Enterprise Community Loan Fund. The session allowed guests to learn more about impact investing generally, the Our Region, Your Investment initiative specifically, as well as why investors are choosing to support housing affordability in this way. Featured speakers included James Wahls of the Annie E. Casey Foundation, Rachel Reilly Carroll of the Enterprise Community Loan Fund and Karen FitzGerald of the Meyer Foundation.