Community Development & Investments
Investing capital to create positive, sustainable change in communities where we live and work.
Using an Impact First investment strategy with a focus on innovation, we deploy low- cost patient capital to create long-term positive change through supporting and empowering communities as they reimagine, redevelop and reenergize themselves.
Hundreds of people experiencing chronic homelessness housed and supported with services through innovative financing program saw increased well-being, decreased use of costly emergency services.
Through a $5 million loan, Northern Trust is working with the Self-Help Federal Credit Union to provide low-cost funding to aspiring medical professionals who are attending or have been accepted to medical school and are members of the Deferred Action for Childhood Arrivals (DACA) program.
Working with Colorado Coalition for the Homeless (CCH), Northern Trust has invested a total of $13.2 million in equity to finance medical respite and housing for people experiencing homelessness.