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Welcome 2017 Highlights Message from CEO & Chair Leadership Results & Financials Supporters
The Reinvestment Fund 2017 Annual Report
2017 Annual Report
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Welcome 2017 Highlights Message from CEO & Chair Leadership Results & Financials Supporters

Results & Financials

2017 Impact in Numbers


3,321

PERMANENT JOBS

4,796

EDUCATIONAL OPPORTUNITIES FOR STUDENTS

27

MINORITY AND/OR WOMEN OWNED OR CONTROLLED BUSINESSES

2 million

SQ. FEET OF COMMERCIAL REAL ESTATE & COMMUNITY FACILITIES

5,636 MWh

OF ENERGY CONSERVED AND CREATED

644,088

PATIENT VISITS ANUALLY

538,162

PEOPLE POSITIVELY IMPACTED

821

HOMES

Performance, 2010-2017
Performance, 2010-2017
30+ YEARS OF IMPACT IN NUMBERS

Financial Summary


Asset Highlights Asset Highlights

Transactions


Reinvestment Fund Financing Transactions Closed in Calendar Year 2017:

$202.1 Million
Transactions Overview
Commercial Enterprise
  • Abraham Lincoln Tower Mixed Use Development (Reading, PA)
  • Center for Neighborhood Innovation (Baltimore, MD)
  • Dovecote Café (Baltimore, MD)
  • Downtown Reading Commercial Building Portfolio (Reading, PA)
  • Executive Plaza Energy Retrofit (Fort Washington, PA)
  • Footers Dye Works (Cumberland, MD)
  • Greenmount West Mixed-Use Redevelopment (Baltimore, MD)
  • Hale Building Energy Improvements (Philadelphia, PA)
  • Historic East Baltimore Community Action Coalition Office (Baltimore, MD)
  • Jack M. Barrack Hebrew Academy Energy Retrofit (Bryn Mawr, PA)
  • Jobs Café at Findlay Market (Cincinnati, OH)
  • Maplewood Office Park Energy Improvements (Fort Washington, PA)
  • Monarch Shopping Center (Lebanon, PA)
  • New Market West Mixed-Use Development (Philadelphia, PA)
  • Nile River Contractor Growth Capital Loan Fund (National)
  • Oliver Street Studios (Baltimore, MD)
  • Pittsgrove Township School District Solar Photovoltaic Project (Pittsgrove Township, NJ)
  • The Racquet Club; Avir Maplewood; Executive Plaza Energy Improvements (Philadelphia, PA)
  • Rittenhouse Claridge Apartments Energy Improvements (Philadelphia, PA)
  • Roxian Theater (McKees Rocks, PA)
  • Sibley Mill Office Redevelopment (Augusta, GA)
  • Southeastern Louisiana Small Business Loan Fund (Southeastern region, LA)
  • Spring Garden Lending Housing Loan Fund (Baltimore, MD)
  • Union Collective Shared Manufacturing Facility (Baltimore, MD)

Total:

$59,113,074
Education
  • Bridges & Briya Public Charter Schools (Washington, DC)
  • Chester Charter School for the Arts (Chester, PA)
  • Circle of Seasons Charter School (Fogelsville, PA)
  • City Neighbors Charter School (Baltimore, MD)
  • Cristo Rey High School (Philadelphia, PA)
  • Grace Neighborhood Academy (Philadelphia, PA)
  • IDEA Public Schools (Baton Rouge, LA)
  • Lovie Lee's Stars of Tomorrow (Philadelphia, PA)
  • Mastery Charter Schools (Camden, NJ)
  • Philadelphia Montessori Charter School (Philadelphia, PA)
  • Youthbuild Charter School (Philadelphia, PA)

Total:

$43,430,419
Food Commerce
  • Fresh Grocer on Monument Avenue (Philadelphia, PA)
  • Honor Capital Save-A-Lot Stores (Various, KS, OK, VA, SC, GA, NC)
  • LA Prep South Food Production Facility (Los Angeles, CA)
  • Mariposa Food Cooperative (Philadelphia, PA)
  • Weavers Way Food Cooperative (Philadelphia & Ambler, PA)

Total:

$15,899,235
Healthcare
  • Behavioral Health System Baltimore Sobering Center (Baltimore, MD)
  • Cardozo Health Center (Washington, DC)
  • ChesPenn Health Services Center for Family Health at Eastside (Chester, PA)
  • CrescentCare Elysian Fields (New Orleans, LA)
  • Odyssey House Louisiana (New Orleans, LA)
  • R-Health Primary Care Clinics (Cherry Hill, Ewing, Hamilton, Voorhees, NJ)
  • Sun Delaware Psychiatric Hospital (Georgetown, DE)
  • VYBE Urgent Care Centers (Philadelphia, PA)

Total:

$39,100,000
Housing
  • ANDP & Housing Partnership Network Atlanta Homeownership (Atlanta, GA)
  • Barclay Homes (Baltimore, MD)
  • Blair Road Apartments (Washington, DC)
  • Bristol Rental Units (Levittown, PA)
  • Civitas West End Apartments (Atlanta, GA)
  • Freedom Heights Apartments (Valdosta, GA)
  • Hilltop Apartments (Washington, DC)
  • La Playa Apartments (Baton Rouge, LA)
  • Monument East Apartments (Baltimore, MD)
  • Mt. Vernon Manor Apartments (Philadelphia, PA)
  • The Pointe Mixed-Income Townhomes (Philadelphia, PA)
  • Roberto Clemente Homes (Philadelphia, PA)
  • TRF Development Partners (Baltimore, MD)
  • Wyncove Apartments (East Point, GA)

Total:

$28,320,600
Community Asset
  • Bayou Treme Center (New Orleans, LA)
  • "Do What You're Built For" Teen Wellness Centers (Philadelphia, PA)
  • Interface Reentry Services (Ventura County, CA)
  • Project Welcome Home (Santa Clara County, CA)
  • Renew Honor Project (Washington, PA)
  • Snipes Farm and Education Center (Morrisville, PA)

Total:

$16,313,208

Financial Review


Select Financial Data ($ in Thousands)
Financials Review Highlights Financials Review Highlights Financials Review Highlights Financials Review Highlights Financials Review Highlights
For a full set of financial statements, download the CY2017 audit report.
Reinvestment Fund
About Reinvestment Fund

Reinvestment Fund is a catalyst for change in low-income communities. We integrate data, policy and strategic investments to improve the quality of life in low-income neighborhoods. Using analytical and financial tools, we bring high-quality grocery stores, affordable housing, schools and health centers to the communities that need better access—creating anchors that attract investment over the long term and help families lead healthier, more productive lives.

Reinvestment Fund is an equal opportunity provider.

Email: info@reinvestment.com

For information on investing: Call 215.574.5819 or email invest@reinvestment.com.

For media inquiries: Call 215.574.5893.

© 1985-2017 Reinvestment Fund. All rights reserved.

Website by Roni Lagin & Co.

Offices
PHILADELPHIA
1700 Market Street, 19th floor
Philadelphia, PA 19103
TEL 215.574.5800
BALTIMORE
1707 North Charles Street, Suite 200B
Baltimore, MD 21201
TEL 410.783.1110
ATLANTA
229 Peachtree Street NE, Suite 750
International Tower
Atlanta, GA 30303
TEL 404.400.1130
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