Arctaris Impact Investors, LLC (“Arctaris”), among the largest impact-focused Opportunity Zone fund manager nationally, released its 2025 Arctaris Impact Report: Building to Endure. Arctaris deployed $26M of capital, deepened its focus on affordable housing, and added nearly 5,000 broadband fiber passings. Read more in the report: Building to Endure: Investing in Housing and Community Revitalization
Archive for the ‘Press Release’ Category
Arctaris Secures $60 Million New Markets Tax Credits Award from U.S. Treasury’s CDFI Fund to Boost Industrial and Manufacturing in Underserved Communities
BOSTON, MA — January 15, 2026 — Arctaris Impact Investors, a Boston-based national impact investment firm, proudly announces that its affiliate, Arctaris Impact CDE, LLC, was awarded $60 million in New Markets Tax Credits (NMTC) by the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund). This prestigious award will empower Arctaris to finance transformative industrial and manufacturing projects, driving economic growth, job creation, and revitalization in low-income and underserved communities across the United States. Arctaris Impact CDE was previously awarded a $30 million NMTC allocation from the CDFI Fund in 2022.
Click here to read more
No Time to Wait, Why Investors Should be Looking at OZ Funds Right Now
By Jonathan Tower, Founder and CEO of Arctaris Impact Investors, LLC
The U.S. Congress recently made the Opportunity Zone (OZ) program permanent, which is reason to celebrate. In a few short years the OZ legislation has proven itself to be one of the most successful economic development programs ever. There are now plenty of reasons why investors should want to commit to OZ’s today, before the new legislation takes effect in 2027.
You can read the full article here
Arctaris Impact Investors and Housing Diversity Corp. Announce Opening of LA County’s Largest Master-Leased Affordable Housing Development
Opportunity Zone investment reflects the power of collaboration between public, private, and philanthropic sectors to address the city’s housing crisis
LOS ANGELES, March 4, 2025 — Arctaris Impact Investors, LLC(“Arctaris Impact”) and Housing Diversity Corporation (“HDC”) today announced the opening of Liv DTLA, an eight-story, 227-unit affordable housing development designed to address Los Angeles’ severe housing shortage. The project was co-sponsored and developed by HDC, a Seattle-based large-scale multifamily real estate manager, while Arctaris Impact, a national impact investment firm with a 15-year track record in underserved communities, provided critical project funding.
You can read the full press release here
Opportunity Zones Are a Big Success. Let’s Make Them Bigger
Opportunity Zones have already invested over $100 billion in struggling communities, creating vibrant urban areas and new job opportunities. Now is the time to expand and make this initiative permanent. By expanding the program, Opportunity Zones have the potential to generate even greater economic growth and provide more benefits to underserved areas. Arctaris Managing Partner, Jonathan Tower, and Steve Glickman, co-founder and former CEO of the Economic Innovation Group, propose several ways to grow and enhance the already effective and impactful program.
Let’s make Opportunity Zones a lasting solution for America’s most neglected communities.
You can read the full whitepaper, originally published by Governing Magazine, here
Arctaris Impact Investors Recapitalizes $7.3M Cold Storage Facility in Pennsylvania Opportunity Zone | Business Wire
Arctaris Impact Investors and RDC will rehabilitate the facility for a new tenant, County Executive Innamorato to provide funding to support tenant improvements. Click here to read more.
KeyBank Community Development Makes Strategic Investment in Arctaris to Expand Business Lending for Disadvantaged Communities Nationally
BOSTON–(BUSINESS WIRE)–Arctaris Impact Fund, LP (“Fund”), the flagship debt fund of Arctaris Impact Investors, LLC (“Arctaris”), has obtained a new $10 million warehouse line of credit (LOC) with KeyBank Community Development Lending and Investment (CDLI) through its Community Development Financial Institutions (CDFI) Group.
Arctaris Impact Investors Completes Additional Growth Equity Investment in Up To Date Laundry, Sustaining Quality Jobs in Baltimore
BALTIMORE & BOSTON–(BUSINESS WIRE)–Arctaris Impact Investors, LLC (“Arctaris”) is pleased to announce a follow-on growth equity investment in Up To Date Laundry (“UTD”). One of the largest healthcare laundry facilities on the East Coast, UTD provides laundry services to healthcare providers across the mid-Atlantic, including University of Maryland Medical System, Johns Hopkins, and Einstein Medical Center. The investment in UTD is part of the Arctaris Baltimore Program, a $25 million commitment to invest in Baltimore’s underserved neighborhoods, created in partnership with The Abell Foundation and Neighborhood Impact Investment Fund (NIIF) and with support from Erie Insurance (ERIE) through its investment in the Arctaris Opportunity Zone Funds.