In the spirit of The Community Reinvestment Act of 1977 (“CRA”), The Community Development Fund focuses on TARGETED IMPACT investments to promote community development using the Triple Bottom Line approach to investing. The Triple Bottom Line approach measures the potential for profit along with social and environmental impact; therefore, it goes beyond the traditional view of profitability.
A convenient way to understand this approach to investing is to look at the Triple Bottom Line Investment Triangle below where we consider “People, Profits and Planet.” Triple Bottom Line Investments in The Community Development Fund are TARGETED to each investor’s CRA Assessment Area(s). Dr. Thomas has considerable experience in such investments and has lectured in the United States, Europe and China on Triple Bottom Line investing.
The bank investing in The Community Development Fund provides its targeted Assessment Area(s), and CRA qualified community development investments are purchased and earmarked in those targeted areas, dollar for dollar, to the investing bank. New qualified community development investments are purchased and earmarked to the investing bank in anticipation of its next CRA exam. There is NEVER any “double counting” of the same investments for different investors at The Community Development Fund.
The following Triple Bottom Line Investment Triangle is reflective of the measurement criteria of the fund: