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Inclusive Prosperity Capital

Rocky Hill, Connecticut

Impact Investments

2021 (9 years 10 months)
$5,000,000

Inclusive Prosperity Capital, Inc. is a not-for-profit mission-driven specialty financing intermediary working at the intersection of community development, clean energy finance, and climate impact. Inclusive Prosperity Capital invests in partnership with local initiatives and organizations to provide energy security, climate justice, and economic growth, seeking to achieve market transformation in the clean energy financing sector that specifically benefits low- and moderate-income and underserved communities. The Foundation’s recommended program-related investment, along with capital provided by other philanthropic investors and senior debt providers, is essential to this pioneering financial intermediary’s ability to grow its total asset base and achieve sustainable operations, while also demonstrating the viability of clean energy lending and investment solutions that are targeted to underserved communities. Over the life of this loan, Inclusive Prosperity Capital expects to deploy solar on over 200 underserved buildings, while also supporting clean energy projects in over 2,500 single family residences, and over 150 multifamily buildings (which assists over 5,000 rental families in those multifamily units).