Investing for Social Impact, Economic Justice, and Racial Equity - Dorcas Raejeana Gilmore

Investing for Social Impact, Economic Justice, and Racial Equity Dorcas Raejeana Gilmore ISBN 9781639052097

This timely and essential guide addresses the growing need for investments that directly confront social, economic, and racial inequities. Written by leading practitioners, the book offers a clear understanding of the latest U.S. public and private investment strategies, alongside practical legal tools and checklists developed by lawyers serving both investors and investees. Social impact investing seeks to generate meaningful social and environmental benefits, particularly for underserved communities.

Designed for lawyers and other professionals, this resource explains how to meet the needs of community stakeholders while navigating the legal complexities of impact investment deals. It provides actionable guidance and practice tips for structuring and executing diverse investment strategies that promote equitable economic outcomes. Leading experts explore the urgent need to stem economic losses in marginalized communities and to create new, inclusive financial systems.

Comprehensive and accessible, the book covers:

• International lessons and models in community and impact investing

• A brief history of the Community Economic Development (CED) movement and the rise of impact investing

• Current CED and impact investing tools, including public-private partnerships

• Social Impact Bonds (SIBs): purpose, structure, and applications

• State and local government policies supporting investments in underserved communities

• Community-driven financing tools and the role of individual investors in strengthening local economies

• SEC laws and regulations governing community capital raising

• People-powered interventions and strategies for community ownership, shifting governance and ownership to low-income communities and communities of color

• Concrete recommendations for investors and their lawyers to accelerate transformative finance initiatives

This book is an indispensable resource for anyone seeking to harness investment capital to drive equity, empower communities, and create lasting social and economic impact.

Investing for Social Impact, Economic Justice, and Racial Equity Dorcas Raejeana Gilmore ISBN 9781639052097, 978-1639052097 & 9781639052103

Authors
Dorcas Raejeana Gilmore
Lisa Hall
Susan R Jones