Capital Impact Partners (CI, formerly NCB Capital Impact) has received CDFI HFFI funding for three consecutive years, totaling just over $8 million dollars in funds. CIP used HFFI financing to manage the first iteration of the California FreshWorks Fund (CFWF), a healthy food financing program that supports healthy food retail outlets in underserved communities throughout the state of California, including underserved areas in San Diego, Inglewood, Pismo Beach, and South Los Angeles. CFWF is a private-public partnership loan fund that raised $272 million in its first iteration to invest in bringing grocery stores and other forms of healthy food retailers to underserved communities. You can find more information about Capital Impact Partners here. CFWF is now currently administered by Northern California Community Loan Fund.

Source of money: HFFI CDFI-Financial Assistance Program

Note: Capital Impact Partners is a CDFI headquartered in Virginia, but Capital Impact Partners is working in California and Michigan.