360 Community Capital

An impact investing initiative of America's Life Insurers

360CommunityCapital_Logo_FullColor

OUR VISION

 

Everyone deserves a future they can count on and a plan to get there. Having a safe, affordable place to live is a powerful first step. Housing is a pathway to upward mobility that can endure for generations. That’s why America’s life insurance companies have joined together to create the industry’s investment initiative focused on strengthening communities through affordable, sustainable housing.

We will pair the life insurance industry’s long-term investment strategies with on-the-ground expertise from community partners who know what families and communities need to thrive.
 
For more than 175 years life insurers have done more than protect policyholders. The $572 million we invest in communities every day drives job growth and strengthens economies. We will act on the industry’s commitment to leverage its strength, stability, and long-term perspective to spark lasting progress. Together, we can help more families plan for the future and lead healthier, more financially secure lives.

LEARN MORE


NEWS RELEASE

Life Insurers Name Affordable Housing Investment Initiative: 360 Community Capital June 21, 2022

READ MORE →

BLOG ARTICLE 

An Investment Home Run
By ACLI President & CEO Susan K. Neely, April 29, 2022

READ MORE →

FACT SHEET

Investment Partnership Fact Sheet
Updated April 29, 2022
ACLI

READ MORE →

 

Video Statements from Susan Neely and Scott Davison

SUPPORT EXPRESSED FOR THE INVESTMENT PARTNERSHIP

Kimberlee Cornett, Director of Impact Investments, Robert Wood Johnson Foundation:

“As an impact investor eager to see more capital reach communities that have been structurally excluded from opportunity, the Robert Wood Johnson Foundation is pleased to see ACLI and its members move decisively forward to bring more capital for housing and community development. We look forward to future co-investments with insurers that will give all Americans the opportunity to live their healthiest life possible.”

Roy Swan, Director of Mission Investments for the Ford Foundation:

"I am thrilled to see the American Council of Life Insurers expand their commitment to communities of color and closing the racial wealth gap. Impact investing is a powerful tool for business leaders to meet shareholder needs while advancing a more sustainable form of capitalism."

Priscilla Almodovar, President and CEO, Enterprise Community Partners, Inc.:

“The life insurance industry represents a unique, collective force for good in capital markets. I’m delighted to join in this conversation about how leaders across this industry can make strides in helping to close the racial wealth gap by investing in affordable housing across the nation. Creating and preserving affordable homes is the most powerful lever we have to improve the lives of lower- and middle-income families; we’re eager to explore how the life insurance industry can play a leading role in advancing the economic well-being of all Americans.”

Lisa L. Glover, CEO, Local Initiatives Support Corporation (LISC):

"We are excited to see ACLI and its members launch this initiative to invest in the well-being of families, communities and local economies. By assembling new capital for affordable housing and other critical local needs, ACLI can help bridge gaps in health, wealth and opportunity so that more people can thrive."

Rey Ramsey, CEO, Centri Capital and Chair of Centri-Tech:

“This is a historically significant moment for the affordable housing and community development moment. It is a rare occurrence when a large business sector comes together to support the fundamental needs of low and moderate-income people. The life insurance industry is uniquely positioned to deploy both its financial human and financial capital to a growing American housing crisis.”

PARTNERS

founding partner logos