background preloader

Ellavoz

Facebook Twitter

Ellavoz-Impact Capital

Ellavoz is about unleashing the power of capitalism to make a positive impact. We bring together great projects with social impact investors. Website:

Heres-what-y-impact-investing-where-returns-are-not-the-only-reward. GYRO PHOTOGRAPHY | amana images | Getty Images Growing rapidly within the socially responsible investing landscape is the world of so-called impact investing, which deploys your money more directly toward solving societal problems.

heres-what-y-impact-investing-where-returns-are-not-the-only-reward

Largely executed through direct investing platforms, this approach addresses specific problems, such as alleviating poverty in certain communities or reducing pollution. These investments are designed to generate specific, positive and measurable environmental, social and/or good governance outcomes, oftentimes with market-rate financial returns, said Michael Kramer, managing partner of Natural Investments in Kona, Hawaii. Furthermore, outcomes can have a local or a societal focus. “It’s very solution focused, very proactive — often investing in innovations, and supporting social entrepreneurs and socially focused start-ups,” he said. Channels — accredited investors Kramer listed several major categories, including: Channels — retail investors Biases. ALLEVO Community Capital. NEWARK, N.J., March 9, 2021 (Newswire.com) – Community Asset Preservation Corporation and Ellavoz Impact Capital announced today the launch of the Ellavoz Neighborhood Homes Fund, a $50 million fund targeting single and multi-family residential affordable housing properties for rehabilitation or construction.

ALLEVO Community Capital

In addition to diversifying its New Jersey investments throughout at least 17 market challenged communities, the new Fund will also direct its efforts into the states of Florida and New York. A key partner in the Fund is Community Asset Preservation Corporation (CAPC), the largest not-for-profit affordable housing developer in New Jersey. CAPC will renovate, build, manage and profitably liquidate the real estate investment portfolio.

CAPC is a wholly-owned subsidiary of New Jersey Community Capital. Ellavoz Impact Capital and New Jersey Community Capital Launch Ellavoz Shared Values Opportunity Fund III. Press Release - updated: Feb 16, 2021 NEWARK, N.J., February 16, 2021 (Newswire.com) - New Jersey Community Capital (NJCC) and Ellavoz Impact Capital announced today the launch of the Ellavoz Shared Values Opportunity Fund III.

Ellavoz Impact Capital and New Jersey Community Capital Launch Ellavoz Shared Values Opportunity Fund III

The $50 million fund will focus on investing in affordable residential housing projects and mixed-use commercial developments in New Jersey Opportunity Zones. To date, 17 New Jersey and four Florida communities have been targeted for investment. The Fund is focused on single family and multifamily properties that retain affordability as well as selected commercial real estate development that create and preserve quality jobs. The Fund embraces a "Shared Values" investment strategy - that social impact of all investments are weighed equally with the need for a market rate risk adjusted return to investors. Ellavoz Impact Capital and Community Asset Preservation Corporation Launch Ellavoz Neighborhood Homes Fund. Press Release - updated: Mar 9, 2021 NEWARK, N.J., March 9, 2021 (Newswire.com) - Community Asset Preservation Corporation and Ellavoz Impact Capital announced today the launch of the Ellavoz Neighborhood Homes Fund, a $50 million fund targeting single and multi-family residential affordable housing properties for rehabilitation or construction.

Ellavoz Impact Capital and Community Asset Preservation Corporation Launch Ellavoz Neighborhood Homes Fund

In addition to diversifying its New Jersey investments throughout at least 17 market challenged communities, the new Fund will also direct its efforts into the states of Florida and New York. A key partner in the Fund is Community Asset Preservation Corporation (CAPC), the largest not-for-profit affordable housing developer in New Jersey. CAPC will renovate, build, manage and profitably liquidate the real estate investment portfolio. ALLEVO Community Capital. NEWARK, N.J., October 21, 2020 (Newswire.com) – Ellavoz Impact Capital, a Belmar, New Jersey-based social impact private equity management firm, is bringing not only financial returns to investors but, more importantly, a positive social impact to underserved communities.

ALLEVO Community Capital

The experience and resources that Ellavoz Impact Capital provides begin with its founder, Robert Hutchins. “I’ve always been motivated to find ways to create shared value ventures that benefit all stakeholders,” says Mr. Hutchins. “That’s why Ellavoz Impact Capital has placed a major emphasis on the importance of opportunity zone investments for rebuilding America’s communities by providing quality affordable housing.”

Mr. He is a retired partner of Withum, Smith + Brown. Mr. As an entrepreneur, he has founded real estate, hospitality, digital healthcare and life science companies. Ellavoz Shared Values Opportunity Fund. What is Opportunity Zone Fund investing?

Ellavoz Shared Values Opportunity Fund

The Tax Cuts and Jobs Act of 2017 created the most significant tax reduction incentives in generation. This new investment vehicle for directing private sector capital into economically distressed communities known as “Qualified Opportunity Zones” and provides an attractive alternative investment asset class. Deferral until 2026 of federal (and many states) tax on capital gains if the taxpayer reinvests the gains in a Qualified Opportunity Fund within 180 days (or longer in certain entities);Reduction of the deferred tax in 2026 of up to 15% if invested in Fund for 7 years and 10% if invested in Fund for 5 years; andExclusion of the entire gain from the investment in the Opportunity Fund if the investment has been held by the taxpayer for at least 10 years.Exclusion of the entire gain from the investment in the Opportunity Fund if the investment has been held by the taxpayer for at least 10 years.

Ellavoz Impact Capital and New Jersey Community Capital Launch Ellavoz Shared Values Opportunity Fund III. Social impact angel investors, Bonds and Fund. What is Opportunity Zone Fund investing?

Social impact angel investors, Bonds and Fund

Ellavoz Impact Capital aims to show investment can have social impact. Ellavoz Impact Capital has invested in projects including the Newark Arts Commons property. - Ellavoz Impact Capital Social impact and wealth accumulation usually are not brought up in the same sentence.

Ellavoz Impact Capital aims to show investment can have social impact

Robert Hutchins thinks they can be — and should be. It’s why Hutchins founded Ellavoz Impact Capital last January, with the intent to use it to develop underserved communities through Opportunity Zone funds. ALLEVO Community Capital. NEWARK, N.J., October 29, 2020 (Newswire.com) – If a person wants to make a social impact and leave a meaningful legacy, investing in opportunity zones should be a serious consideration.

ALLEVO Community Capital

Opportunity zones are mutually beneficial to all parties involved; investors can make a respectable profit while simultaneously improving communities and helping the people who live in those communities. The team at Ellavoz Impact Capital, a New Jersey-based social impact private equity management firm for the Ellavoz Shared Values Opportunity Fund and the Ellavoz Neighborhood Homes Fund, has placed a major emphasis on opportunity zones because they understand the significant impact they can have. “The societal and economic benefits of opportunity zones are hard to ignore,” said CEO, Robert Hutchins. “That’s why it’s important to partner with the right firm in order to maximize the positive outcomes. Robert Hutchins notes that the intrinsic value of opportunity zones include, but isn’t limited to: CDFA - Opportunity Zones Resource Center. Overview Created as part of the Tax Cuts and Jobs Act, Opportunity Zones are a federal economic development tool aiming to improve the outcomes of distressed communities around the country.

CDFA - Opportunity Zones Resource Center

Opportunity Zones are low-income census tracts that offer tax incentives to groups who invest and hold their capital gains in Zone assets or property. By investing in Opportunity Zones, investors stand to gain a temporary deferral on their capital gains taxes if they hold their investments for at least 5 years, and a permanent exclusion from a tax on capital gains from the Opportunity Zones investments if the investments are held for 10 years. Support provided by. Ellavoz Opportunity Zone Resources. What is Opportunity Zone Fund investing? The Tax Cuts and Jobs Act of 2017 created the most significant tax reduction incentives in generation. What COVID-19 Means For Opportunity Zone Projects. The past few weeks have been dramatic as the country and the rest of the world have reacted to the coronavirus pandemic.

Businesses are shuttered, residents in some states are under a lockdown (or close to it), schools and universities are closed, and everyone is watching nervously as the stock market tumbles downward while the number of coronavirus cases ticks upward. While we all try as much as possible to keep our heads together, and protect our investments and our livelihood, here is our advice to those quarantined in the land of opportunity zones. Building Neighborhoods Builds Opportunity. As part of Ellavoz’s partnership with NJ Community Capital, we are pleased to highlight the significant achievements of one of their subsidiaries – Community Asset Preservation Corporation’s (CAPC) – NJ- Building Neighborhoods Platform (BNP) that has created thousands of units of healthy, affordable homes. Both CAPC and Ellavoz believe a place to call home is the foundation upon which families and neighborhoods can build strong and productive communities.

Regardless of where we live, opportunity starts at home for all of us. Educational achievement, improved healthcare, academic achievement and better employment begins with an affordable and safe place to call home. Among the achievements of CAPC)’s– NJ-Building Neighborhoods Platform (BNP) include: Building Neighborhoods Builds Opportunity. New Jersey Opportunity Zones Resource Center. The Opportunity Zones program was enacted as part of the 2017 federal Tax Cuts and Jobs Act and is designed to drive long-term capital investments into low-income rural and urban communities. This federal program provides opportunities for private investors to support investments in distressed communities through participation in Qualified Opportunity Funds.

Investors can defer paying federal taxes on capital gains reinvested in Qualified Opportunity Funds that invest in low-income communities, under rules released by the U.S. Department of the Treasury. Reinvested capital gains are deferred from taxation until exit from a Qualified Opportunity Fund or December 31, 2026, whichever comes first. However the original gains reinvested in Qualified Opportunity Fund investments held for the long term are taxed at reduced rates, with taxable gains discounted by 10% at the 5-year mark and by an additional 5% discount at the 7-year mark. Ellavoz Shared Values Opportunity Fund Invests in Newark Arts Commons. Opportunity Fund Investment Creates an Arts Hub in Newark with Ninety-two Units of Shared Housing The Ellavoz Shared Values Opportunity Fund has made its first investment in the Newark Arts Commons, which is converting the original St. Michael’s hospital buildings into a new destination for the arts in downtown Newark. “The Ellavoz Impact Angels oversubscribed to the funding request for the Newark Arts Commons,” said Robert Hutchins, Managing Director of the Ellavoz Shared Values Opportunity Fund.

“This project fulfills our goal of investments that return both an appropriate tangible risk adjusted market-internal rate of return and an intangible impact return.” The upper floors will be transformed into co-living apartments managed by Common the premier company on the forefront of the shared-housing model. The current development team includes Community Asset Preservation Corporation (CAPC) which is a subsidiary of New Jersey Community Capital. Among the impacts are: Or call us direct: ALLEVO Community Capital. Social impact angel investors, Bonds and Fund. ALLEVO Community Capital. ALLEVO Community Capital.