Maycomb Capital

Today in #impinv news: ✏️ Marching to an uninsurable future. ✏️ Investments in five gender + climate funds. ✏️ Sustainable businesses in South Africa. ✏️ Outcomes-based education financing. https://hubs.li/Q032MTht0

As we gear up for 2025 after some relaxing time off at the Maycomb Capital office, I took a moment to reflect on a few of our achievements from 2024 that I am particularly proud of. Read more about the incredible year we've had: https://lnkd.in/epFAv4dk

2024 was an eventful year for SBP; join us in recapping 10 of our biggest stories!👇 ▪️We kicked off the year with an exciting announcement that we were scaling up our partnership with Walmart Foundation to boost disaster recovery and resilience across the Southeastern United States. https://lnkd.in/gqy4KKUB ▪️In March, we were thrilled to launch two brand-new, mixed-income, affordable rental housing developments in Houston as part of our Opportunity Housing program. https://lnkd.in/gv8unAJk ▪️In April, we shared that SBP’s Chief Strategy and Innovation Officer, Reese May, had been selected for the FEMA Vanguard Executive Crisis Leaders Fellowship. https://lnkd.in/gub429SR ▪️In the summer, we announced the launch of our partnership with impact investing firm Maycomb Capital to help communities affected by disasters rebuild their homes and recover more quickly through our Recovery Acceleration Fund (RAF). https://lnkd.in/g6sxrTPy ▪️August marked 6 years of impact supporting disaster recovery in Puerto Rico following Hurricane Maria. https://lnkd.in/gpANYd-D ▪️In September, SBP mobilized disaster recovery services for Louisiana communities hit by Hurricane Francine. https://lnkd.in/gQR4TmtQ ▪️We announced a new strategic partnership with World Education Services to scale up equitable, locally-led disaster recovery assistance and climate resilience in under-resourced communities across the United States. https://lnkd.in/gceCCjNe ▪️In late September, Hurricane Helene devastated communities across Florida, North and South Carolina, Georgia, and multiple other states. SBP launched a disaster response to support affected communities. https://lnkd.in/gbP_Y5XT ▪️Shortly after Helene, Hurricane Milton made landfall in Florida as an incredibly powerful Category 3 storm. With powerful back-to-back hurricanes in our view, we called for immediate investment in changes to disaster recovery. https://lnkd.in/gbZKyEfk ▪️ In November, SBP and a coalition of U.S. nonprofit organizations penned a joint letter urging the leadership of the U.S. House of Representatives to quickly pass the Disaster Assistance Simplification Act, which would create one centralized, universal FEMA disaster relief application. https://lnkd.in/gzaEzdPx ▪️Finally, we concluded the year with a huge announcement: the launch of a new build program in Florida to Support Recovery from Hurricanes Helene and Milton https://lnkd.in/g426m69h

America Forward applauds the @treasurydept’s recent announcement of $47 million in awards from the Social Impact Partnerships to Pay for Results (SIPPRA) program, including projects in partnership with #AmericaForward Coalition members, Institute for Child Success, Maycomb Capital, and Social Finance! Building on a decade-plus of learning in the field, #SIPPRA represents a transformational shift in how federal, state, and local governments can leverage innovative financing structures to reward measurable improvements in people’s lives. These six newly funded projects – ranging from supportive housing to prenatal care and literacy services – complement the four projects funded in SIPPRA’s first round of awards. We look forward to continuing this progress and our support for the expansion of this important and impactful program. Read our full statement here: https://shorturl.at/G3GI0

Honored to organize and lead the Harvard Kennedy School Impact Investing Club Trek. Amid the magnitude and urgency of today’s crises— #housingaffordability, #climatechange, and beyond—a symphony of solutions across public and private sectors is essential to orchestrate meaningful impact. As the Outreach and Trek Chair for the Harvard Kennedy School Impact Investing Club, I recently organized a 2-day Impact Investing Trek to New York City alongside Dhanush Girish, Isabel Jurado, and Niyathi Singh. Over three weeks, we assembled a delegation of 25 students from 17 countries and diverse professional backgrounds, including impact investing, central banks, private equity, and venture capital, out of nearly 70 applicants. During our trek, we visited nine inspiring organizations, including Jonathan Rose Companies (affordable housing), Clear Vision Impact Fund LP (economic empowerment in underserved communities), Blue Earth Capital AG (global climate&social impact), The Vistria Group(affordable housing&real estate), The Global Impact Investing Network (impact measurement), Maycomb Capital (innovative financing for impactful community-based organizations), Closed Loop Partners (circular economy solutions), CrossBoundary Group (emerging market), and Impact Capital Managers (accelerate the performance of impact investing firms). Solving one problem often requires diverse stakeholders with innovative solutions. For example, in addressing the housing crisis, two firms we visited approached the issue differently: •Jonathan Rose Companies integrates private equity capital with tools like LIHTC and Section 8, combining capital stacking and decarbonization to scale affordable housing projects. •The Vistria Group preserves Naturally Occurring Affordable Housing (NOAH), leveraging deed restrictions, tax exemptions, and strategic partnerships to deliver affordable housing for households earning 80% AMI or less. Our trek also included a panel discussion graciously hosted by Lupoff/Stevens Family Office LLC and Development Partners International (DPI) at the BlackRock office with industry leaders. The conversation illuminated key insights, from evolving impact metrics to financial innovations proving that returns and purpose can coexist. I’m incredibly grateful to Aarushi (Ash) Das, Allie Kronthal, Aly Bryan, Charles Feutray, Eleonora Bershadskaya, Eliya Imtiaz, Joanne Y., Kellen Dorio, Peter Lupoff, Rohan Subramanian, and Stephen Murray who have been instrumental in making this trek a success. Your support in coordinating visits and sharing insights was invaluable. Also a huge thanks to all of the participating industry leaders, who show that scalable solutions can deliver meaningful impact in housing, infrastructure, and sustainability. Let’s continue driving change, together. #ImpactInvesting #infrastructure #AffordableHousing #GreenInfrastructure #sustainability #socialgood #emergingmarket