AAACF Celebrates Repaid Impact Investments, Renewing Capital for Washtenaw County Communities
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ANN ARBOR, Mich. - Michimich -- The Ann Arbor Area Community Foundation (AAACF) is proud to announce the successful repayment of two impact investments made in 2019 through Community Development Financial Institution (CDFI) partners. These repayments mark an important milestone in AAACF's long-term strategy to strengthen Washtenaw County through mission-aligned investing.

In 2019, AAACF invested in two $250,000, five-year investments designed to address critical community needs. A $250,000 investment with IFF supported affordable housing and childcare infrastructure projects in Washtenaw County, expanding access to safe housing and high-quality early childhood spaces. A second $250,000 investment with the Fair Food Fund strengthened local food supply chains and provided capital to food entrepreneurs building a more equitable food system.

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Over the last five years, these investments have supported community housing needs, local small businesses, and essential services throughout the region. One example is Unity Vibration Kombucha, a Ypsilanti Township-based company that received support through the Fair Food Fund. Businesses like Unity Vibration Kombucha contribute to a vibrant local economy and an innovative food ecosystem rooted in community.

Impact investing reflects AAACF's S.E.E.D.S. initiative in strengthening community voices, centering equity, expanding rural reach, developing youth, and securing the future through thoughtful financial stewardship. Unlike traditional grantmaking, impact investing allows capital to circulate. As loans are repaid, funds return to AAACF and are reinvested to meet new and emerging needs.

Frances Todoro-Hargreaves, AAACF Impact Investing Manager, shared:
"Impact investing allows us to plant seeds that will continue to grow with and for our community. Seeing these funds successfully deployed, repaid, and ready to be reinvested is a powerful reminder that when we invest in Washtenaw County, we invest in lasting opportunity."

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As these funds are strategically re-invested, AAACF looks forward to continuing this cycle of impact investing, deepening roots, nourishing opportunity, and ensuring Washtenaw County remains a place where all can thrive.

To learn more about AAACF Impact Investing and how you can help support your community in Washtenaw County, contact Frances Todoro-Hargreaves, Impact Investing Manager, FTodoro-Hargreaves@aaacf.org.

About the Ann Arbor Area Community Foundation (AAACF):
The mission of Ann Arbor Area Community Foundation (AAACF) is to enrich the quality of life in Washtenaw County through its knowledgeable leadership, engaged grantmaking, and creative partnerships with donors to make philanthropic investments and build endowment. Interested in partnering with AAACF - learn more at aaacf.org.