Creating Affordable Housing Through Impact Investing

Creating Affordable Housing Through Impact Investing

Affordable housing is essential for healthy, thriving communities. It supports family stability and neighborhood well-being. At the Baltimore Community Foundation (BCF), we recognize that addressing regional needs for housing requires strategic investments. In early 2024, BCF made a $1 million impact investment to support Affordable Homes & Communities (AHC) a nonprofit leader in affordable housing and services for nearly 50 years.

This investment is part of BCF’s Invest for More program, which provides loans and lines of credit to bolster projects that create social impact while generating financial returns. As of April 2025, BCF has deployed $8.2 million and committed an additional $1.4 million to support local projects that create affordable housing, drive economic mobility for small and Black-owned businesses, and improve access to community resources and sustainable infrastructure throughout Baltimore. The program’s expanding portfolio includes active investments in ReBUILD MetroBaltimore Community Lending, the Climate Access Fund, and others—totaling 16 mission-aligned investment partners.

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Source: Baltimore Community Foundation