CCM BOND EXAMPLES
Heritage Park, Minneapolis, Minnesota
The Heritage Park redevelopment on Minneapolis’ near northside transformed a 145-acre
vacant site that formerly contained the Sumner Field, Glenwood, Lyndale and Olson
public housing developments into a stable, affordable and sustainable urban
neighborhoods. Sumner Park, a/k/a Near Northside Phase 1A, is an affordable rental
property with 120 units of affordable housing that resides in the Heritage Park community
which is in a low-income census tract.
Heritage Park offers residents many benefits, including but not limited to:
• Biking/hiking trails and a fitness center;
• Homework help, gardening and cooking programs;
• Convenient access to farmers markets and downtown Minneapolis;
• Close proximity to elementary, vocational schools and city parks;
• Community and conference rooms; and
• Health programs for seniors.
Photo: © danielseguin.ca
Highland Hospital, Clarksburg, West Virginia
Highland Hospital Association, d/b/a Highland Hospital, is a 150-bed behavioral health
hospital started in 1955. It was developed in consultation with the West Virginia
Department of Health and Human Resources and various federal agencies with the goal to
better serve the behavioral health case volumes in the state, which were being either
referred out-of-state or left untreated altogether due to a shortage of psychiatric hospital
beds in the state. Major renovations have significantly upgraded the infrastructure to meet
behavioral health licensing standards, current building and fire code requirements, and to
ensure the separation of patient populations.
The new facility offers both youth and adult services as well as acute care services for use by the Military and Veterans.
Highland Hospital is located in an area designated as “Medically Underserved” by the U.S.
Department of Health and Human
Services Health Resources and Services Administration (HRSA). All counties in the service area are designated by the
federal government as a health professional shortage area for mental health services. The census tract is also designated as
“Distressed or Underserved”.
FOR MORE INFORMATION ON CCM’S RELIGIOUS BOND STRATEGY, PLEASE CONTACT:
James Malone, CFA
Director of Investment Platforms
jmalone@ccmfixedincome.com
877-272-1977
Community Capital Management, Inc.
is a Florida-based investment advisor registered with the Securities and Exchange
Commission under the Investment Advisers Act of 1940. The securities identified and described herein are current
holdings and for illustrative purposes. Their selection was based upon nonperformance criteria, such as the security’s
social and/or environmental attributes.
Impact figures mentioned in this report are approximate values. Past
performance does not guarantee future results. Market conditions can vary widely over time and can result in a loss of
portfolio value.
Community Capital Management
Religious Bond Strategy Overview
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