Investing | Triple Bottom Line Foundation

All you need to know about Impact Investing

TBL Fund is a Community Development Financial Institution (CDFI) that provides development services and financial products for the preservation of multifamily affordable housing (MFAH) properties via clean energy improvements, and for economic development through clean energy projects for Indigenous and Low-Income Communities. TBL Fund is the thought leader in green impact investments.

What Is Impact Investment?

Impact investing seeks to create positive social and environmental benefits while also generating financial returns. Impact investing differs from pure philanthropy, which does not expect financial returns, or from simple investing where the focus is solely on maximizing financial returns and from socially responsible investing, which places more weight on financial performance. When investing with TBL fund you will make a Triple Bottom Line Impact by creating social, economic, and environmental benefits.

Maximize the impact of your investment dollar.

Investing in people
Preserves affordable multifamily housing (MFAH) for its low-income tenants and help disadvantaged communities (DAC) through investments in green and clean energy products. Creating local jobs via the investments in green solutions.

Solutions towards a better environment
Implements sustainable solutions that reduce energy and water wastage and/or produce clean energy locally, thus reducing pollution and carbon emissions.

A lasting economic impact
Provides savings on utility bills and health care costs for low income populations and/or generating income for disadvantaged communities.

When upgrading multi-family affordable housing, and developing clean energy projects in disadvantaged communities, investments in TBL Fund improve the lives of fixed-income seniors, disabled individuals, low-income families, veterans, and other underserved households.

Investments in clean energy are one of the most effective ways to reduce carbon emissions and pollution from energy use.

Risk Management

TBL Fund is a small CDFI, and as such, has the financial and programmatic risks common to all start-up organizations. One such risk is that TBL Fund is unable to generate enough revenues from its programs to meet its operating expenses and may run out of cash. TBL Fund has mitigated this risk through its strategic partnership with ICAST, which continues to support and fund its operations as needed. ICAST is the fiscal sponsor of TBL Fund and is committed to supporting TBL Fund.

Another financial and programmatic risk associated with its financial and lending activity projections is facing a higher than projected default rate on its lending portfolio. To mitigate this risk, TBL Fund:

- Provides a loan loss reserve pool (LLRP) of a minimum of 2.5% of outstanding loans that can cover 100% of any loan losses up to the value of the LLRP. TBL Fund projects a default rate of less than 1% and its current default rate is 0%.
- Collateralizes the loan with a lien on the property. If prevented by regulatory hurdles (e.g., if HUD or USDA do not allow additional liens on their mortgages), TBL Fund provides financing through off-balance sheet programs such as PACE (which recovers the investment through a property tax assessment on the property), or EPC which recovers the investment through a contract guaranteed by a government agency, such as HUD). Some investments may also require a personal guarantee from the property owners.
- Evaluates the financial viability of each loan applicant before making a loan for the green rehab, so that risky applicants are not approved. As a minimum, TBL Fund requires a 90% LTV ratio and a 1.15 DSCR.
- Evaluates if the green rehab projects will save enough in utility bills and operation and maintenance costs to repay the loan, thus establishing a means (income stream) to fulfil the loan obligation on the part of the borrower.

Our Investors

TBL Fund works to raise loan capital from impact investors, federal and local government grant programs, foundation grants and other financial institutions.

Investment Terms

Duration of investment: 3-20 years (typically 5-7 years)

Minimum investment: $50,000

Investor Inquiry

Please contact us to ask questions about investing with TBL Fund or schedule an appointment with a member of our investment team.

Triple Bottom Line Returns:
By The Numbers

TBL Fund investments are leveraged to preserve affordable housing and implement sustainable solutions in disadvantaged communities. Based on standard EPA protocols, a $1 Million investment typically provides savings of...

0 tons

Carbon Emissions

0 lbs

SOx Emmisions

0 lbs

NOx Emissions

0 Million

Gallons of Water

	179 Multifamily Households Served
	3 Jobs Created
	$19,437 in Annual Utility Cost Savings
	227,708 Annual kWh Savings
	451,716lbs of Carbon Emissions Reduced Annually
	5,255 Trees Planted Annually
	43 Cars removed from the road each year

All you need to know about Impact Investing

What Is Impact Investment?

Triple Bottom Line Returns: By The Numbers

TBL Fund investments are leveraged to preserve affordable housing and implement sustainable solutions in disadvantaged communities. Based on standard EPA protocols, a $1 Million investment typically provides savings of...

Triple Bottom Line Returns:
By The Numbers