Articles from Ellavoz Impact Capital

Ellavoz Impact Capital (EIC) has secured financing together with YouthBuild Newark, Inc. (YBN) to fully rehabilitate their building located at 571 Central Avenue, Newark. The reworked space will enable YBN to consolidate their operations into one facility for LEAD Charter School and its programming. The transaction furthers YBN’s strategic plan of generating additional revenue while also enhancing educational programs.

Ellavoz Impact Capital (EIC) has announced Jeffrey Crum as their Chief Operating Officer. Mr. Crum is a seasoned community development and affordable housing executive with nearly two decades of experience. In joining EIC, he will be responsible for helping the organization grow its impact investment portfolio, expand partnerships with community development financial institutions and nonprofit housing organizations, and increase the firm’s direct project sponsorship opportunities.

Ellavoz Impact Capital, a leading real estate impact investment and management firm, is proud to announce the acquisition of property for its latest groundbreaking project - Cedar Creek Estates. Located within an Opportunity Zone in Jacksonville, Florida, this innovative build to rent single family residential community will help satisfy the growing demand for affordable and high-quality housing in Jacksonville. The project, with an estimated cost of $14 million, is set to transform nine acres into a vibrant community comprised of 45 charming single-family homes.

During the fall semester, over fifty student teams submitted their business proposals to the 14th annual New Jersey Institute of Technology’s New Business Model Competition. Seven finalists were chosen to present to an expert panel of serial entrepreneurs and business managers in the hopes of receiving grants and mentorship to further develop their companies. Ellavoz Impact Capital was the lead benefactor, committing $15,000 to the winners of the competition and to NJIT’s Innovation Accelerator Center.