Central Appalachia has been historically underinvested, but the Invest Appalachia Fund (IA Fund) aims to change that with community-first impact investing that leverages a foundation of catalytic capital to expand its impact. MacArthur participated in a second round of funding for the IA Fund, which helped to bring the final fund capitalization to $35 million to support projects and businesses that advance climate resilience, equity, and community wealth-building.
"We have closely followed and admired the design and development of Invest Appalachia, and see it as true leadership in the field of place-based investing, which is critical for an equitable economy," said Allison Clark, Associate Director, Impact Investments. "We are excited to join other national impact investing leaders as an investor in this innovative and community-driven approach."
