DURHAM, NC
THE IMPACT FUND
Through its sister non-profit organization, Forward Communities, the goal is to raise philanthropic dollars to foster a network of strategically aligned non-profit service providers for each community development. For example, an affordable housing development may offer wrap-around resident services including access to healthcare services, workforce/ placement opportunities, and financial capability services that create pathways to long-term homeownership.
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Aggregating and deploying capital focused on projects that can have catalytic economic and community impact with a particular focus on Opportunity Zones
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Advancing real estate investment projects that create opportunities for local wealth building including:
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Commercial developments with co-ownership potential
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Affordable/ workforce housing developments
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Mixed use “block investments” that can have a transformative impact on the local community
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Helping entrepreneurs identify and acquire businesses doing $2m+ in revenue seeking exit and generating opportunities for a transfer of wealth/ ownership - ideally in the construction sector or aligned verticals
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Creating investment models/ partnership opportunities that can be replicated in other regions
To deepen its immediate economic and community impact, Forward Impact is launching a mission-aligned impact investment fund called Forward Carolinas.
The fund is focused on:
INVESTMENT MODEL:
Business /
Community Services
Commercial
Real Estate
Mixed Use / Block
Investments
Affordable
Housing Units
(shopping centers, warehouses, etc.)
Resident /
Community Services
VENTURE FUND: Vertically Integrated Cooperative Construction Firms