Arctaris Impact Investors, LLC Showcases Impactful Investments in Underserved Communities with 2023 Annual Impact Report
Arctaris Impact Investors, LLC, a Boston-based impact investment firm, is making waves with its commitment to revitalizing underserved communities and creating a positive impact on society. With a focus on economic, social, and environmental impact, Arctaris is dedicated to improving the quality of life for residents in these challenged areas.
In their recently released Arctaris Annual Impact Report, the firm highlights their innovative approach to deploying capital in ways that benefit both communities and investors. Managing Partner Jonathan Tower explains, “While changes occur in our communities, our economy, and beyond, Arctaris continues to find innovative ways to provide value to communities across the country.”
In 2023, Arctaris made significant investments in projects that aimed to increase high-speed broadband access, build affordable housing, and support under-resourced entrepreneurs. Their unique public-private partnership model combines private capital with public and philanthropic funds to deliver impactful results while still targeting attractive returns for investors.
The impact of Arctaris’ investments is evident in the numbers. In 2023, the firm saw a 8% increase in the total number of jobs in their portfolio, a 292% increase in homes and businesses with access to high-speed broadband, and a 13% increase in installed solar capacity. Additionally, Arctaris completed three New Market Tax Credit transactions, launched two new Place-Based Programs, and celebrated the completion of construction projects in various communities.
Arctaris has also partnered with the Initiative for a Competitive Inner City (ICIC) to measure and communicate the impact of their investments. The 2023 Impact Report includes case studies from communities in Ohio, Colorado, and Maryland, showcasing the positive effects of Arctaris’ Place-Based Program.
With a commitment to catalyzing positive change through impactful investments, Arctaris remains dedicated to creating sustainable futures for communities in need. For more information on Arctaris and their initiatives, visit www.Arctaris.com.