New Jersey resident Donato Marinelli is a community-minded individual who supports causes related to cancer and cardiovascular research. Donato Marinelli also believes that investing in communities can create opportunities for a brighter future for their residents.
A contemporary trend in community investment includes place-based impact investing. Place-based impact investing focuses on improving the quality of life of those living in an area.
Place-based impact investing uses capital to generate both financial and social returns to the community to address inequities in marginalized communities. Organizations that typically take part in impact investing include foundations, private investors, and community development financial institutions (CDFI). Organizations involved in impact investing can facilitate systemic changes simply by empowering local entrepreneurs and other organizations to act in the interest of the community.
Place-based impact investing has improved communities by providing funding for affordable housing and community solar power projects. The Boston-based Bluehub Capital is an example of the way place-based impact investing works - it has implemented initiatives that assist homeowners with foreclosure relief and provide funding for community arts programs, healthcare, and housing projects.
A contemporary trend in community investment includes place-based impact investing. Place-based impact investing focuses on improving the quality of life of those living in an area.
Place-based impact investing uses capital to generate both financial and social returns to the community to address inequities in marginalized communities. Organizations that typically take part in impact investing include foundations, private investors, and community development financial institutions (CDFI). Organizations involved in impact investing can facilitate systemic changes simply by empowering local entrepreneurs and other organizations to act in the interest of the community.
Place-based impact investing has improved communities by providing funding for affordable housing and community solar power projects. The Boston-based Bluehub Capital is an example of the way place-based impact investing works - it has implemented initiatives that assist homeowners with foreclosure relief and provide funding for community arts programs, healthcare, and housing projects.
