Community Capital Management To Invest $100 Million In Bonds Financing Rural Community Development

FT. LAUDERDALE, Fla., March 18, 2015 /PRNewswire/ -- Community Capital Management, Inc. (CCM), a leading fixed income impact investing manager, today announced its new initiative to invest $100 million in bonds financing rural community development. A new report on the topic is available for download at no charge by visiting www.ccmfixedincome.com.   

The 9-page report covers:

• Challenges, opportunities, and Community Reinvestment Act (CRA) implications of investing in rural community development;
• CCM's positive screening approach to identifying bonds that finance or support initiatives in rural and underserved communities; and  
• Examples of CCM's fixed income impact investments financing rural community development.

"Rural communities face unique challenges, and generally face different opportunities and limitations to achieving prosperity relative to their urban and suburban counterparts," said Barbara VanScoy, co-founder and chief impact investment officer of CCM. "Our goal with the $100 million initiative is to channel more monies into financing community and economic development initiatives in rural and underserved communities nationwide."

David Sand, chief investment strategist of CCM, added: "As a trailblazer in the fixed income impact investing space, we are continuously looking for new ways to deploy capital that are responsive to local community development needs.  Rural community development is an important component of our economy and we hope that our initiative is just one way to help these communities achieve prosperity."

About Community Capital Management, Inc.

Community Capital Management, Inc. (CCM) is an independently-owned investment adviser registered with the Securities and Exchange Commission.  Headquartered in Fort Lauderdale, Florida with offices in Charlotte, North Carolina and Boston, Massachusetts, the firm was founded in 1998 and currently manages $2 billion in assets as of 12/31/14.  CCM's flagship intermediate fixed impact investing strategy is available as a separate account or via a mutual fund.  Other products managed by CCM include a liquid alternative income fund and customized separate account strategies. For more information, please visit www.ccmfixedincome.com.

Community Capital Management, Inc. is a Florida-based investment adviser registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940.

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SOURCE Community Capital Management, Inc.

Related Links

http://www.ccmfixedincome.com

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