Calvert Foundation Commits to Redevelopment Finance for Impacted Areas

With the destruction and tragedy of the recent hurricanes, Calvert Foundation has launched an ongoing and deep commitment to channel investor capital to the affected regions. Calvert Community Investors can channel their investment capital to help rebuild communities devastated by the storm activity. Investors need only write "Hurricane Recovery" on their Community Investment Note application or contribution form, and the funds will be targeted to this designation. Capital will be used to rebuild affordable homes, finance community facilities and initiatives to support critical recovery and redevelopment. Calvert Foundation's investment dollars will be placed with a broad range of private and public efforts at work in southern coastal regions of the United States over the coming months and years.

Calvert Foundation also welcomes tax-deductible donations to the "Hurricane Recovery" Community GiftShare - a donor financed capital pool dedicated to local community development corporations and others grass roots organizations that need capital on more flexible terms, creating even higher impact in communities in need.

Contact Calvert Foundation at 800-248-0337 for more information.