The First "Community Investing Toolkit" for Faith-based Investors Published by the Social Investment Forum
“Natural Fit” Seen Between Religious Investors and Community Investing
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WASHINGTON,%20D.C.,%20April%2029,%202009<%2Fstrong>%20—%20The%20Social%20Investment%20Forum%20(SIF)%20today%20launched%20a%20first-of-its-kind%20guide%20to%20encourage%20religious%20investors%20to%20become%20more%20engaged%20in%20the%20practice%20of%20“community%20investing“%20--the%20fastest%20growing%20area%20of%20socially%20responsible%20investing.%0D%0A%0D%0Ahttps%3A%2F%2Fwww.nonprofitpro.com%2Farticle%2Fthe-first-community-investing-toolkit-faith-based-investors-published-social-investment-forum-406417%2F" target="_blank" class="email" data-post-id="8639" type="icon_link">
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Over the past decade, community investing has grown over 540 percent, from $4 billion to $25.8 billion in assets. Community investing directs capital from investors and lenders to communities that are underserved by traditional financial services institutions. Community investing provides access to credit, equity, capital, and basic banking products that these communities would otherwise lack. In the US and around the world, community investing makes it possible for local organizations to provide financial services to low-income individuals and to supply capital for small businesses and vital community services, such as affordable housing, child care, and healthcare.
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