What is impact partnership?
Greater than the sum of their parts
Mismatched funding pieces
Public funding and private investments are both crucial to backing the regional affordable housing pipeline, but neither can do the job alone.
On their own, public funds can be too slow or restrictive to fit what local projects need. Meanwhile, private loans can move faster, but their interest rates and rigid contracts can make it difficult for developers to meet their terms.
That leaves developers trying to piece together funding from systems that don’t match what they need or work well together.
When the money works together
The We Lift Catalyst Fund brings public, private, and mission-driven dollars together so no single partner has to work alone.
Combining multiple sources of money allows the Fund to offer more flexible terms and lower interest rates. This way, the Fund is able to support more affordable homes with loans that work for developers, not against them.
