or a neighborhood to truly thrive, it needs healthy people, a healthy environment, and a healthy economy with opportunities for all. Today, record numbers of Americans suffer from chronic diseases such as diabetes and asthma, which are strongly influenced by their neighborhood and environmental conditions. At the same time, traditional sources of public funding for development are drying up, making the vision of a healthy community harder to realize.
The costs of doing nothing - soaring healthcare expenses, increased crime, and high jobless rates among them - are too high to ignore and felt most acutely in low-income neighborhoods and communities of color. Fortunately, the scale and severity of the challenge are generating interest in pioneering solutions that harness the strengths of the health, community development, and impact-investing fields. Socially responsible investment that generates "quadruple bottom line" returns - financial, social, environmental, and health benefits - are bringing new resources to bear on these issues.
Recognizing the complex challenges of building healthy, equitable, and sustainable communities, CLF Ventures, our market-based solutions team, has partnered with the Massachusetts Housing Investment Corporation to create the Healthy Neighborhoods Equity Fund. The Fund is designed to bring new sources of capital to mixed-use, mixed-income real estate projects within walking distance of transit. Based on an assessment conducted by CLF and the Massachusetts Department of Public Health, the Fund will screen and prioritize projects with the greatest potential to transform neighborhoods and bring lasting benefits for residents - quality housing across income levels, job opportunities, better health and well being - while also delivering attractive returns for investors.
The Fund is currently raising capital for an expanding pipeline of potential projects in selected locations throughout Massachusetts. Targeted investments can help unlock these communities social and economic potential while improving the lives of thousands of people. CLF ultimately hopes this innovative program for revitalizing neighborhoods will become a model for similar efforts nationwide.
SUPPORTERS AND FRIENDS OF CLF
The following individuals, foundations, and organizations supported CLF during the 2013 Fiscal Year, August 1,2012, through July 31, 2013. Their generosity and shared vision - of a healthy, thriving New England - have made CLF's work possible. We thank our invaluable members whose continuing support helps protect New England's environment. THANK YOU.
President's Circle: $50,000+ Anonymous (1) Don and Linda Comb
Mr. Gordon Hall III and Ms. Caroline Taft Knowlton John and Nancy Hammond
Sara Molyneaux and Donald F Law. Jr Mr and Mrs. Michael B Moskow
Ms. Diana E Oehrti Ms. Elizabeth B. Steele
Defenders: $25,000 - $49,999
Anonymous 11) Richard and Nonnie Burnes Mr Carl Ferenbach III
Ms. Sarah F Fuller Mr. and Mrs. Horace A. Hil.dreth, Jr. Ted and Beedee Ladd
Dr. Richard Gilder Rockefeller Ms. Margaret E Sheehan Mr and Mrs. Cyrus B. Sweet III
Counselors: $10,000 -$24399
Anonymous Ill Mr. and Mrs. John Abele Mr. Kurt Adams Mr. and Mrs Daniel Amory Mr. Robert W Baker Ms. Eleanor Briggs Ms. Linda Noelle Cabot
Mr and Mrs. Howard M Kilguss My Robert King and Ms. Anne Faulkner Mrs Sharon H. Malt and Mr R. Bradford Malt Mr. and Mrs Richard D Parsons Mrs. Anne H. Russell Ms. Pamela M Smith
Prof Howard H. Stevenson Mr and Mrs. Renke Thye Ms. Elsie P. van Buren Mr. Philip N. Warburg and Mrs. Tamar R Warburg
Guardians: $5,000 - $9,999
Anonymous (3) Mr and Mrs. Joseph F. Azrack Mr George Parkman Denny III
Dr Michael J Herz and Ms. Kate Josephs Mrs Meg C. Hirshberg and Mr. Gary Hirshberg
Mr and Mrs, Christopher A. Klern George and Emily Lewis Mr Donald S. McCluskey Mr. arid Mrs. Alan Wilson
Mr. and Mrs. Philip D. Allen
Mr. David T. Altshuler and
Dr. Sharman Attshuler
Ms. Nancy C. Anderson, Esq.
Mr. and Mrs. Chi Ho Sham
Mr. and Mrs. Reed P. Anthony, Jr.
Mrs. Dorothy H. Baldini
Ms. Elizabeth Bankowski