What types of fixed income securities finance “green” programs/initiatives?
As mentioned in our investment process, Community Capital invests the majority of a portfolio in the following sectors: Taxable Municipal Bonds; Multifamily (Agency) Mortgage Backed Securities (MBS); Asset-Backed Securities (securitized pools of Small Business Administration (SBA) loans and United States Department of Agriculture (USDA) loans); and Single Family (Agency) MBS. Based on our research, we do not apply the allocation to Single Family MBS as an environmental investment.