The ASI Multi-Family Impact Fund (MFIF), formed by Alliant Strategic Investments (“ASI”) and CommonGood Capital, recently made some exciting progress as the second investor close was announced to occur on January 16th. The MFIF sources, acquires, enhances,...
ASI Multifamily Impact Fund, LP Acquires Oak Hill Village Apartments
The ASI Multi-Family Impact Fund, LP, which is focused on providing Affordable and Workforce housing primarily serving minority populations and lower income residents, recently acquired Oak Hill Village Apartments - an affordable, 181-unit multifamily property...
The Scale of the US Affordable Housing Crisis
There are numerous human and financial factors pertaining to affordable housing. As of the most recent data from the U.S. Census Bureau, over 30 U.S. states, including Florida, California, and Texas – the three largest by population - have at least 5% of adults...
Announcing – Virtual Summit: AFRICA
CommonGood Capital is proud to announce Virtual Summit: AFRICA, an informational webinar featuring 9 guest speakers gathered to share their experiences of Impact in one of the fastest growing economies in the world. With one of the fastest-growing regional economies...
2021 RIA Impact Survey Results
We recently conducted a survey of RIAs and Wealth Managers to better understand the Impact Investing Themes of highest interest for them and their clients. Regardless of asset class, the most common responses were: 1) Climate, 2) Diversity, Equity,...
How We Walk the Walk
Whether helping RIAs create deeper, more meaningful intergenerational relationships with their clients, creating alignment with investor capital and the local and global opportunities they care about, and being a source of advice and implementation of innovative...
OZ Fund Closing End of Q1
Opportunity Zones were established by Congress under the TCJA to encourage investment in designated low-income, economically distressed areas across the United States. Qualified Opportunity Zone Funds are timely for investors who are looking to diversify outside of...
Fortis Green is Bringing Power to East Africa
Fortis Green strives to build durable companies for the future of Africa, providing capital for small-scale renewable energy assets in Sub Saharan Africa, primarily in East Africa. The Fund has an initial focus on small-scale run-of-the-river hydropower...
Affordable Housing Part #3: “Renters by Necessity”
Median US home prices rose 25.5% from June 2020 to September 2021 according to the Federal Reserve Bank of St. Louis. This is the largest increase over any five-quarter time period since these figures began being tracked way back in 1963. While homeowners may...
Russell Ginise on the shortage of Affordable and Workforce Housing
We recently sat down with Russell Ginise, President of Alliant Strategic, to find out more about the extreme shortage of Affordable and Workforce Housing in the US. The Alliant Strategic team has 25 years of industry experience and has invested in 100,000+ units in 48...
Fortis Green Closes First Round
Fortis Green Renewables Investment Management, an investment firm providing capital to small-scale renewable energy assets in Sub-Saharan Africa, recently held the initial close in its Green Fund I. The fund is raising capital from individuals, family offices, and...