Vernon interviews Terry D. Simonette, President and CEO of Capital Impact Partners (CIP). Vernon and Terry discuss how CIP uses it’s CDFI (Community Development Financial Institution) Status to transforms underserved communities into strong, vibrant places of opportunity. Capital Impact Partners is a nonprofit Community Development Financial Institution which operates nationally to help underserved people build strong, vibrant communities. Mr. Simonette is responsible for the overall direction and execution of Capital Impact Partners strategic mission, financial management functions, and senior leadership development. While at Capital Impact Partners, he has promoted an insightful strategy that has steadily increased the size and scope of the organization. In addition to extensive community investment activities, under Mr. Simonette’s stewardship, Capital Impact Partners has broadened its activities to include, nonprofit and cooperative capacity building, social innovation programs, and state and federal policy development. Throughout this expansion, Mr. Simonette has focused Capital Impact Partners’ goals of escalating its tangible impact on the problems and issues of low-income communities across the country. To that end Capital Impact Partners has disbursed more than $2.0 billion in financial and development services to community-based organizations nationwide. To learn more about Capital Impact Partners visit www.capitalimpact.org/
