FT. LAUDERDALE, FL – September 3, 2008 – Community Capital Management, Inc. is pleased to announce that it is offsetting its carbon emissions with Carbonfund.org, one of the country’s leading carbon offset organizations. By joining Carbonfund.org’s CarbonFree Partner program,Community Capital has joined a national movement of businesses and organizations that are leading the fight against global warming.
Carbonfund.org’s CarbonFree Partner program supports renewable energy, energy efficiency, and reforestation projects in the U.S. and abroad to reduce CO2 pollution and help hasten our transition to a clean energy future.
Community Capital is proud to lead by example by offsetting its carbon emissions. In addition to supporting carbon emission reductions through the CarbonFree Partner program, the firm’s commitment includes shifting to more online marketing to help cut down on printed media, encouraging employees to recycle and to live close to the firm’s office to reduce vehicle pollution, and continually seeking new ways to grow the business in a sustainable, eco-friendly manner.
“It was very important for us to work with an organization like Carbonfund.org that is leading the fight against climate change and continually researching innovative ways aimed at reducing carbon dioxide emissions on a national and global scale,” said Todd Cohen, president and chief investment officer of Community Capital. “We hope that our example will promote education and awareness about the easy steps businesses can take to offset their CO2 emissions.”
“Community Capital Management understands that an investment in financial wealth must go hand-in-hand with an investment in our planet and our future —from local communities to our global environment,” said Eric Carlson, Executive Director of Carbonfund.org. “We’re thrilled that Community Capital Management has joined with us to invest in a greener future.”
Carbonfund.org is one of the country’s leading carbon reduction and offset organizations, making it easy and affordable for individuals, businesses, and organizations to reduce their climate impact. Carbon offsets enable individuals and businesses to reduce carbon dioxide emissions they are responsible for in their everyday lives by supporting renewable energy, energy efficiency and reforestation projects where they are most cost effective. Carbonfund.org works with over 700 corporate and nonprofit partners including Discovery, Volkswagen, Amtrak, Dell, Orbitz, Staples, and JetBlue.
About Community Capital Management
Ft. Lauderdale, Florida-based Community Capital Management is an SEC-registered investment advisor that manages fixed income portfolios on behalf of individual and institutional clients. Community Capital Management seeks to earn competitive returns while promoting economic and community development activities such as affordable housing, job creation and job training, small business growth, workforce development, and environmental sustainability.
As of June 30, 2008 its investments have purchased nearly $2.5 billion of community and economic development investments which have financed 155,000 affordable rental housing units; 6,000 home mortgages for low- and moderate-income families; $31 million in affordable health care facilities; $162 million in community development activities including neighborhood revitalization and brown field redevelopment; $108 million in job training and creation programs; and $345 million in down payment assistance and statewide home-ownership programs. For additional information, please visitwww.ccmfixedincome.com, or call (877) 272-1977.