THE COMMUNITY INVESTMENT GUARANTEE POOL (CIGP) — a stack of dollar bills

The Hidden Power of Guarantees in Community Development Finance

Next city examines the potential for financial guarantees to be leveraged as tools for impact in underserved communities.

Read the full article here: https://nextcity.org/daily/entry/the-hidden-power-of-guarantees-in-community-development-finance

THE COMMUNITY INVESTMENT GUARANTEE POOL (CIGP) — man and woman discussing data

Mission, Money And Markets: A Needed Piece of Community Development Infrastructure, the 'Guarantee Bank'

Kimberlee Cornett, former managing director of The Kresge Foundation’s Social Impact Practice, discuses building a new infrastructure for community impact and investment using guarantees.

Read the full article here:https://kresge.org/content/mission-money-markets-needed-piece-community-development-infrastructure-guarantee-bank

THE COMMUNITY INVESTMENT GUARANTEE POOL (CIGP) — hand holding palmful of change

Mission, Money And Markets: Making 'Cents' of Guarantees, the View from a CIO

Rob Manilla, The Kresge Foundation’s Chief Investment Officer, explains how foundations can utilize guarantees for impact.

Read the full article here: https://kresge.org/content/mission-money-markets-making-cents-guarantees-view-cio

The Power of the Guarantee

When it comes to impact investing, a financial guarantee is a tool that can make powerful change happen in communities, without requiring investors to part with cash upfront — or maybe ever. This video from the Kresge Foundation examines this special, yet underutilized tool.