CCM BOND EXAMPLES WITH A FOCUS ON GENDER LENS
McCullough Girls Academy, Gary, Indiana
Conceived by the Administration of the Gary Community School Corporation, the
Frankie Woods McCullough Academy for Girls opened in 2012. The building was
formerly an elementary school that received $10 million of renovations including three
new computer labs, updated and advanced science lab stations, and updated lighting
inside and outside the building. In 2013, the Academy served 440 girls in grades
Kindergarten through 7. The students are primarily of African-American descent and
approximately 85% are on free or reduced lunch.
The school holds high expectations that each student will:
• have a successful transition to middle school;
• develop and/or maintain a positive self-image, a strong academic foundation, employability skills; and
• create an awareness of professional and career options.
In addition, each student will strive to be productive, responsible, and caring citizen in a diverse, global and technological
world through an accelerated and enriched differentiated curriculum for academically advanced students.
The Lakes of Williamsberg, Grapevine, Texas
The Lakes of Williamsberg is an affordable rental property that was allocated Low
Income Housing Tax Credits where 100% of the 221 units are restricted to residents
with incomes at or below 60% of area median income.
The project is subject to an
extended use agreement requiring affordability for an additional 15 years beyond the
initial 15 year compliance period. Throughout the compliance period, a “qualified
nonprofit organization” shall own an interest in the project and materially participate in
the development and operation of the project.
The project shall provide supportive services in the area of domestic violence counseling by Women’s Haven of Tarrant
County, or another comparable service agency. In addition, 5% of the units shall be maintained accessible for residents with
physical or mental disabilities.
Community amenities including a business center, partnership with Grapevine community
outreach program, a fitness center, library and onsite community center.
FOR MORE INFORMATION ON CCM’S GENDER LENS INVESTING, 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
Gender Lens Investing Overview
p2
.