Capital Absorption
Our Integration Initiative selection process exposed significant gaps in the existing system for matching capital to community needs, whether for business expansion, commercial development or health care facilities. As a result, we had to help some cities develop relationships with national financial intermediaries that could bring needed expertise and financial capacity. In other cases, we funded the creation of new financial intermediary models. In an effort to generate information that will be useful to other investors, we are now working to understand what types of institutions deploy capital in underinvested neighborhoods, map gaps in the current system and identify mechanisms to strengthen and build capital absorption capacity.