BABs have proven to be an effective financingtool that have enabled municipalities fund critical infrastructure projects at a time when they were facing severe financing challenges.
Annie Donovan: When I joined Capital Impact in 1993, we were, of course, a much smaller organization, but we were also very focused on financing as the sole tool for creating opportunities for low-income people and communities.
Nicole Motter, a member of the bar in the state of Georgia, unravels misperceptions about a powerful tool that can unlock additional financing for social enterprises: program-related investments.