Capital Impact Partners and the power of community investment

Overview

• Praxis uses Community Development Investing to direct mission-aligned capital toward organizations that strengthen communities and expand access to opportunity.
• Capital Impact Partners, a CDFI, provides flexible financing and advisory support for affordable housing, healthcare, education, small businesses, and other community-based institutions.
• Capital Impact Partners’ broader impact includes more than $3 billion invested since 1982, supporting local economies and quality-of-life improvements nationwide.
• The WALIPP example shows how a $2 million loan helped finance a new Houston school facility, more than doubling enrollment and expanding access to quality education.

At Praxis Investment Management^TM, our commitment to Community Development Investing (CDI) is rooted in a simple belief: capital can be a force for good. Through our partnership with Capital Impact Partners (CIP) — a leading Community Development Financial Institution (CDFI) —, we can demonstrate how thoughtfully deployed capital can expand opportunity and strengthen communities.

The recent release of Capital Impact Partners parent company’s (Momentus Capital) 2025 Impact Report, Together We Thrive, highlights the growing reach and meaningful outcomes of CIP’s work across communities nationwide.

Since 1982, Capital Impact Partners has directed more than $3 billion into projects that support local economies and improve quality of life. Their investments have helped create affordable homes, expand access to healthcare, and support education — foundations for healthy, thriving communities.

But the numbers only tell part of the story.

As a CDFI, Capital Impact Partners brings flexible, mission-aligned capital to communities often overlooked by traditional lenders. This approach helps strengthen the institutions people rely on every day — from schools and health centers to small businesses and housing. Just as important, their investments are paired with advisory support, working alongside borrower organizations to help them grow, adapt, and deepen their long-term impact.

One example of this work is CIP’s work with the William A. Lawson Institute for Peace and Prosperity (WALIPP) in Houston’s Third Ward. Capital Impact Partners provided a $2 million loan as part of a $10.5 million New Markets Tax Credit transaction. This financing enabled the ground-up construction of a 36,000-square-foot school building that now serves as The Academy’s permanent home. 

The impact of this investment is tangible. The new facility allowed the school to more than double its enrollment to 350 students — creating a stable, purpose-built learning environment and expanding access to quality education for more Houston families. It’s a powerful reminder that when organizations are rooted in their communities, the right capital doesn’t just fund a building — it helps open doors to brighter futures.

For values-driven and faith-based investors, this work offers a clear example of how capital can reflect deeply held convictions. Through investments in Capital Impact Partners’ Impact Notes, capital is doing more than generating returns — it is strengthening trusted local institutions, expanding access where barriers exist, and supporting long-term community resilience.

At Praxis, we are proud to invest in Capital Impact Partners as part of our broader CDI strategy, alongside partners like Calvert Impact. Together, these investments reflect our commitment to steward capital in ways that help communities truly flourish.