Positive Investment
In addition to “negative screens,” BBT offers a Community Development Investment Fund through which organizations put their resources to work funding affordable housing, micro-lending, and community development efforts. Invested funds are lent through local organizations to borrowers in economically disadvantaged circumstances within the United States and internationally.
At the end of 2010, Brethren Benefit Trust clients had more than $550,000 of their assets invested in Calvert Foundation Community Development Investment Fund notes. During the year, these assets helped build or reconstruct 10 affordable housing units; fund 108 new microcredit enterprises; finance three not-for-profit, cooperative, or socially innovative projects; and create 164 new jobs.
You can also read Calvert Foundation's prospectus by clicking here.
