SAMPLE CCM FIXED INCOME ETI’s Target: Massachusetts Client: Massachusetts Pension Reserves Investment Management Board (“PRIM”) Spencer Green in Chelsea, Massachusetts features 48 new affordable apartments on the site of the former Chelsea Armory, with 8 units priced for extremely low-income households earning less than 30% of area median income (AMI) and the remaining units restricted to residents with incomes below 80% of AMI. The property is located in a low-income census tract. The design and orientation of Spencer Green fosters a sense of community. Its courtyard and playground provide community space and opportunities for physical activity and development through play. Fresh modern design encourages resident engagement and connection to the community.

Environmentally sustainable building practices are employed throughout the property such as: • Photovoltaic panels that generate electricity; • An underground cistern that recycles rain for irrigation; • Energy efficient systems throughout, including a state-of-the-art elevator that consumes 40% less energy; • Extensive use of recycled and sustainable construction materials including hardwood flooring in the community room that is on its third life, reclaimed first from Boston University, then from the Armory’s old basketball court; and • Healthy homes standards such as no carpets, and paints and adhesives that are low in volatile organic compounds. Target: Pennsylvania Client: Commonwealth of Pennsylvania, State Treasury Department Issuance was created for two primary purposes: (1) To provide for the construction, acquisition and major rehabilitation of capital facilities projects. A portion was allocated to: the Department of General Services and used to pay for construction and major rehabilitation of public buildings for the Commonwealth and its institutions; to the Department of Community and Economic Development to fund redevelopment assistance projects; and to the Department of Transportation to fund transportation assistance projects and bridge projects. (2) “Growing Greener” projects such as: costs of maintenance and protection of the environment, open space and farmland preservation, watershed protection, abandoned mine reclamation, acid mine drainage remediation and other environmental initiatives. Growing Greener remains the largest single investment of state funds in Pennsylvania’s history to address Pennsylvania’s critical environmental concerns of the 21st century. 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 New ERISA Guidance on Economically-Targeting Investments (ETIs) p2 .