The video shows different success cases from family project to professional projects.
We are an impact investing firm that manages capital across asset classes in ways that are responsive to community needs. We operationalize impact goals in line with the following core values. The needs are too great to not act with the urgency and intentionality bringing new solutions to recurring problems.
Community Impact
We invest in communities and populations that have historically been underinvested. We believe these communities and populations have underutilized assets that with the right capital solutions can realize untapped potential.
Vision Centric
We are intentional about engaging communities to understand their long-term vision and investing in a way that supports this vision.
Strategic Partnerships
We seek opportunities to combine tools from private, public, and nonprofit partners to yield results that would not be possible without such intentional collaboration.
Entrepreneur-focused
We activate entrepreneurial ecosystems by bringing transparency to resources and capital.
Diversity
As a female led firm with a diverse management team, we believe that diversity of perspectives leads to improved performance.
Positive Returns
Our goal is to drive positive social impact and attractive risk-adjusted financial returns.
Allivate Impact Capital is a subsidiary of Woodforest Financial Group. Our industry leading team has been recognized globally for its impact investing track record.
“We cannot solve our problems with the same level of thinking that created them.”
– Albert Einstein
Allivate Impact Capital utilizes the Opportunity Zone Impact Reporting Framework to operationalize the impact goals of our investments. The framework is designed around the following guiding principles:
We integrate the needs of local communities into the formation and implementation of funds, reaching low-income and underinvested communities with attention to diversity.
We seek to generate equitable community benefits, leverage other incentives and aim for responsible exits.
As investors, we strive to be transparent and hold ourselves accountable, with processes and practices that remain fair and clear.
We voluntarily monitor, measure and track progress against specific impact objectives, identifying key outcome measures and allowing for continuous improvement.
Our Opportunity Fund metrics track real change, with an understanding that both quantitative and qualitative measures are valuable indicators of progress.
Working with national and community partners and listening to residents in each unique community is key to our success. Join us to help elevate your neighborhood.
Join UsCASE STUDIES
A‑R‑T & Associates (A‑R‑T) is a national, full‑service experiential design firm specializing in environmental graphics, interior signage, custom art installations, large‑format printing, custom fabrication, and turnkey project delivery from design through installation.
Read MoreThe 4301 Vermont: SoLa Impact Crenshaw Corridor Affordable Housing Project in Los Angeles, California will address the current housing and homelessness crisis in the city of Los Angeles...
Read MoreThe creation of 31 new units of permanent supportive housing and social services for people experiencing chronic homelessness.
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Atrium Court in Seattle's Othello neighborhood will create 271 units of affordable workforce housing, 80 jobs, and ground-level retail space adjacent to a light rail station in the historic and diverse South Seattle neighborhood.
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The Zero Energy North Avenue Mixed-Use project in Baltimore, MD, converted 7 abandoned rowhomes into 20 units of affordable housing and 4 retail storefronts in the predominantly Black Penn North neighborhood in West Baltimore...
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The Sharswood Ridge project is helping to revitalize the Sharswood neighborhood in Philadelphia by building approximately 234,000 square feet of affordable and workforce housing and retail development, including a grocery store, a bank branch, and an urgent care medical clinic, all of which the neighborhood desperately needs.
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University of North Carolina Pembroke (UNCP) Student Housing project in Pembroke, NC built 138 units/498 beds of student housing adjacent to UNCP, a Native American founded university focused on serving low-income students...
Read MoreLearn more about what's happening with our work, community partners and within the impact investing industry.
HOUSTON - (OCT. 14, 2026) — The AIC CEI-Boulos Opportunity Fund, a joint venture between CEI-Boulos Capital Management and Allivate Impact Capital®, celebrated the opening of Knowles-Rowland House yesterday with project developer Bread of Life, Inc., community leaders, and other partners and supporters. Located at 2019 Crawford Street in Midtown Houston, the adaptive reuse development, in which the fund made a majority equity investment, delivers 31 units of permanent supportive housing for Houston's most vulnerable residents.The October 13 ribbon-cutting celebration brought together community leaders, elected officials, funding partners, and supporters, including Tina Knowles, Kelly Rowland, and Beyoncé Knowles-Carter, who made a surprise appearance. Houston Mayor John Whitmire, U.S. Congressman Christian Menefee, and Harris County Commissioner Rodney Ellis also attended.The Knowles-Rowland House will help address chronic homelessness in Houston by expanding access to stable, service-enriched housing in a highly accessible urban neighborhood. The project demonstrates how impact-focused investment can help bring transformative housing solutions to market while generating meaningful social outcomes.The three-story, 18,900-square-foot building transforms the former Knowles-Rowland Center for Youth into permanent supportive housing with 31 residential units.All rents at Knowles-Rowland House are 100% subsidized through HUD's Project-Based Voucher program administered by Housing Alliance HTX (formerly the Houston Housing Authority). Temenos Community Development Corporation, Bread of Life, Inc.'s sister organization, will deliver comprehensive social services to residents including case management, mental health counseling, substance abuse treatment, life skills training, and nutrition assistance.Located in Houston's walkable Midtown neighborhood near the METRO light rail system, the property offers residents convenient access to employment, education, health care, and other essential community resources.The original structure was built in 1999 by Bread of Life, Inc. with support from Tina Knowles, Beyoncé Knowles Carter, Kelly Rowland and Mathew Knowles. Before a fire in March 2021, the center served as a youth summer camp, senior community center, and overnight shelter for people experiencing homelessness. The redeveloped property continues that mission by providing safe, stable housing and supportive services for vulnerable Houstonians.Permanent supportive housing has been a key component of Houston's nationally recognized approach to addressing homelessness. Residents can remain housed for as long as needed, with ongoing supportive services that help them maintain housing stability. Research shows that most residents of permanent supportive housing remain stably housed rather than returning to homelessness.“Knowles-Rowland House demonstrates how mission-focused investment capital can help address some of our communities' most pressing challenges,” said Sam Spencer, CEO and Managing Director of CEI-Boulos Capital Management. “By combining permanent supportive housing with comprehensive social services, this project will provide stability and dignity for people who have experienced chronic homelessness. We are proud to partner with Bread of Life, Temenos CDC, and Allivate Impact Capital to help bring this remarkable project to life.”Noelle St.Clair Lentz, CEO, Allivate Impact Capital, added: “This project shows what can happen when mission-driven organizations and purpose-driven capital come together around a shared vision. Knowles-Rowland House represents more than a housing development. It is a foundation for stability, a source of hope, and an opportunity for individuals to rebuild their lives with dignity and support. At Allivate, we are proud to invest in solutions that elevate communities, alleviate poverty, and create lasting pathways to opportunity.”Partners of the development include:AIC CEI-Boulos Opportunity Fund, a joint venture between CEI-Boulos Capital Management and Allivate Impact CapitalAmerican Rescue Plan Act (ARPA) funds from the Harris County Housing Finance CorporationB1 BankRice Management CompanyFederal Home Loan Bank of Dallas via Home Bank“For nearly 35 years, Bread of Life, Inc. has focused on making life better for Houstonians living on the edge,” said Pastor Rudy Rasmus, who founded the organization with his wife and fellow Pastor Juanita Rasmus. “The opening of Knowles-Rowland House is the culmination of years of hard work and welcome participation by so many people who ensured this project came to fruition. We could not have done this without our key funding partners, including CEI-Boulos and Allivate Impact Capital.”Tina Knowles told attendees, “I have these beautiful young women who have hearts and empathy, and they give and they work and do things to give back to the community. I have this place to thank for that because God always gives you what you need at the time you need it and I needed a place to teach that. I'm so full because this is full circle. Juanita and Rudy are the biggest visionaries I've seen in my life. Nothing is too big of a vision for them. Look what they've done, and look what they've accomplished.”Beyoncé Knowles-Carter shared, “I have so many memories here, and I want to thank Juanita and Rudy because your prayers have held us up. This church was our foundation. I was baptized right here. I made the choice on my own to be baptized because I felt the spirit here, and I feel the spirit right now. And I'm so grateful for that foundation.”About Bread of Life, Inc.Bread of Life, Inc. is a Houston-based nonprofit organization founded by Pastors Juanita and Rudy Rasmus in 1992 helping underserved individuals and families across the Houston region. Through programs focused on health access, housing, and hunger relief, the organization helps vulnerable Houstonians achieve greater stability and self-sufficiency. Bread of Life also supports communities through disaster preparation, relief, and recovery. Learn more at www.breadoflifeinc.org and LinkedIn.About Temenos CDCTemenos Community Development Corporation was founded following the devastation and loss caused by Hurricane Katrina. Their mission is to provide affordable housing opportunities, supportive services, and employment resources to low- to extremely low-income persons on their journey to wholeness. www.temenoscdc.orgAbout CEI-Boulos Capital ManagementCEI-Boulos Capital Management is a real estate investment fund management company focused on delivering both competitive financial returns and social impact. The company serves banks, family offices, and other institutional investors, and has a national scope. Areas of the company's specialization include Opportunity Zones and the Community Reinvestment Act (CRA). Learn more at www.ceiboulos.com.About Allivate Impact Capital®Allivate Impact Capital is an impact investing firm with a mission of using innovative capital solutions to elevate communities, alleviate poverty, and activate entrepreneurial ecosystems. As a subsidiary of Woodforest Financial Group, Allivate leverages an award-winning Community Development Team to deliver attractive risk-adjusted returns from investments while delivering measurable positive social impact. Learn more at allivate.com and follow us on LinkedIn®.Photo credits: Jaylon Gregory, Harris County Housing & Community Development and Ross Folkenroth, Allivate Impact Capital
October 14, 2026
NEWARK, N.J. — October 6, 2026 — Allivate Impact Capital® and Ellavoz Impact Capital today announced the formation of the Elevate Social Impact Advisory Board for their Opportunity Zone joint venture. Comprised of nationally recognized leaders in community development, impact investing, affordable housing, economic development and impact measurement, the board will provide independent review and guidance on proposed investments to help ensure the collaboration delivers meaningful and measurable benefits to underserved communities. The board's recommendations will help advance the joint venture's commitment to transparency, accountability and community-centered investment practices.The announcement builds on the firms' strategic collaboration, which combines Allivate's impact investing and capital structuring expertise with Ellavoz's real estate development and execution capabilities to identify and scale high-impact Opportunity Zone investments across the United States. Together, the organizations will support the creation of affordable workforce housing in Opportunity Zones throughout the country while providing investors with access to curated Opportunity Zone deal flow, integrated investment and development expertise, community-informed investment strategies and transparent impact measurement practices.The Elevate Social Impact Advisory Board will review proposed investments and provide recommendations regarding their potential community impact prior to consideration by the joint venture's investment committee. The board will evaluate opportunities using impact metrics aligned with the Community Reinvestment Act (CRA) and the Opportunity Zones Reporting Framework focusing on outcomes such as affordable and workforce housing, job creation, economic development, neighborhood revitalization, support for local developers and increased access to opportunity in low- and moderate-income communities.In addition to reviewing proposed investments, the board will help inform the joint venture's impact measurement and reporting practices, reinforcing a commitment to accountability and providing investors and stakeholders with transparent reporting on community outcomes."Creating positive community impact requires more than good intentions. It requires discipline, accountability and a thoughtful process for evaluating whether an investment will truly benefit the people and neighborhoods it is intended to serve," said Noelle St.Clair Lentz, CEO of Allivate Impact Capital. "As Allivate and Ellavoz work together to scale Opportunity Zone investments nationwide, we believe it is essential to have an independent group of respected leaders who can bring diverse perspectives, challenge assumptions and help ensure community outcomes remain central to every investment decision."Jeff Crum, CEO of Ellavoz Impact Capital added, “We are thrilled to bring together a group of individuals who have dedicated their careers to designing programs and deploying capital to communities and households that are frequently underserved. This group’s experience and guidance will ensure that our Opportunity Zone investments are committed to projects that deliver meaningful and impact results."SOCIAL IMPACT ADVISORY BOARD MEMBERSThe Elevate Social Impact Advisory Board reflects the joint venture's commitment to combining industry-leading expertise with transparent impact governance. The Board's collective expertise spans affordable housing, community development finance, Opportunity Zone policy, impact measurement, public-private partnerships and equitable economic development. Their guidance will help inform investment decisions that seek to generate both attractive returns and community outcomes. Members include:Khaliff Davis,Managing Director of Lending & Investing, Reinvestment FundDavis oversees the sourcing and execution of investment opportunities for structured funds and other impact-oriented investments and supports the deployment of more than $200 million annually. He also serves as Managing Director of Reinvestment Fund Impact Advisory, providing advisory and fund management services focused on community impact and equitable development.Catherine Lyons,Senior Director of Policy and Coalitions, Economic Innovation GroupLyons leads government affairs and policy initiatives focused on Opportunity Zones and other economic development policies. She has been deeply involved in Opportunity Zone implementation since the legislation's inception and leads EIG's national Opportunity Zone Coalition.Rachel Reilly,Senior Director, Pathways to Capital, Milken InstituteReilly leads efforts to expand equitable access to capital and advance sustainable economic development through public-private partnerships. She previously led impact strategy efforts at the Economic Innovation Group and impact investing initiatives at Enterprise Community Partners.Katie Rodriguez,Executive Vice President of Capital Markets, Housing Partnership NetworkRodriguez oversees capital markets strategy for Housing Partnership Network and its affiliated investment platforms. She brings extensive experience raising and deploying capital at scale to support affordable housing and community development initiatives nationwide.Aaron Seybert,Managing Director, Social Investment Practice, The Kresge FoundationSeybert leads social investment activities at The Kresge Foundation and brings decades of experience in community development finance, impact investing, New Markets Tax Credits and place-based economic development strategies.About Allivate Impact Capital®Allivate Impact Capital® is an impact investing firm with a mission of using innovative capital solutions to elevate communities, alleviate poverty, and activate entrepreneurial ecosystems. As a subsidiary of Woodforest Financial Group, Allivate leverages an award-winning Community Development Team to deliver attractive risk-adjusted returns from investments while delivering measurable positive social impact. Learn more at allivate.com and follow us on LinkedIn®.Ellavoz Impact CapitalEllavoz Impact Capital LLC, is a social impact investor, advisor, asset manager, and real estate developer focused on creating and preserving workforce and affordable housing and other community-oriented real estate properties. Ellavoz’s strategy concentrates investments into price-attainable housing and economic development projects by working with socially aligned operators, local nonprofits, and governmental agencies to deliver positive community outcomes and double bottom line returns. For more information about Ellavoz Impact Capital, visit our website at Ellavoz.com.Nothing contained herein should be deemed a prediction or projection of future performance of any funds managed by Allivate Impact Capital or Ellavoz Impact Capital, and any information regarding performance is presented solely to illustrate underwriting criteria and analysis. Past performance shall not be construed to be indicative of future performance result.Nothing herein constitutes an offer to sell or a solicitation of an offer to buy interests in any investment, fund or other vehicle sponsored by Allivate Impact Capital, Ellavoz Impact Capital or any of their affiliates or partners. Any such offer or solicitation will only be made pursuant to confidential, definitive offering documents delivered to qualified investors and only in those jurisdictions where permitted by law.
Allivate Impact Capital
October 06, 2026
NEWARK, NJ --(BUSINESSWIRE)-- Ellavoz Impact Capital, (Ellavoz) and Allivate Impact Capital® (Allivate) announced today a strategic collaboration to originate and execute high-impact Opportunity Zone (OZ) commercial real estate investments across the United States, targeting attractive returns alongside measurable social impact.The collaboration unites two complementary firms with expertise across impact investing, asset management, and real estate development, creating a differentiated pipeline of investable opportunities in underserved, high-growth markets.Allivate structures and deploys innovative capital solutions across asset classes, backed by a disciplined focus on risk-adjusted returns and measurable impact outcomes. The firm specializes in aligning private, public, and nonprofit capital to unlock value in underinvested communities, transforming underutilized assets into scalable economic opportunities. The team has been recognized globally and nationally for their innovative impact investing strategies that leverage the Opportunity Zone program. For more information, see allivate.com/awards/.Ellavoz complements this with on-the-ground execution capabilities, including sourcing, developing, and managing workforce and affordable housing and other community centered real estate assets. Its vertically integrated platform and experience in Opportunity Zone fund strategies enable efficient deployment of capital into projects designed to deliver competitive financial performance while driving long-term community revitalization.Together, the firms offer investors a compelling value proposition:Curated OZ deal flow in supply constrained markets.Integrated investment and development expertise from origination through asset management.Downside risk is mitigated through structuring that is informed by deep community engagement and public private alignment.Transparent impact measurement frameworks aligned with industry standards.“Our mission has always been to use innovative capital solutions to elevate communities and alleviate poverty,” said Noelle St.Clair Lentz, CEO of Allivate Impact Capital. “Partnering with Ellavoz enhances our ability to achieve our mission to deliver institutional quality investments that align both financial returns and durable community impact.”Jeff Crum, CEO of Ellavoz Impact Capital, added, “Ellavoz is thrilled to be working with Allivate Impact Capital on this new Opportunity Zone venture. Allivate's relationships with institutional investors, deep understanding of Community Reinvestment Act requirements, and shared vision around community impact makes them a great partner as we look to grow our presence in the community investment space.”The joint venture will focus on affordable and workforce housing projects that help create quality jobs, Main Street revitalization and historic preservation, including developments not contributing to gentrification or displacement. This venture has four objectives:Deliver attractive risk-adjusted returns from investments in commercial real estate projects.Maintain compliance with Opportunity Zone regulations to maximize tax benefits.Make CRA eligible investments.Generate positive social and economic benefits for communities.Additionally, the venture will seek to tackle the tremendous need for workforce housing that exists in many high-cost housing markets. The affordable housing crisis is being worsened by a critical lack of housing that bridges the gap between luxury developments and deeply subsidized affordable housing. Without these options, working families, with low- and moderate-income, are left with limited, often unaffordable choices, highlighting the urgent need for zoning reform and more flexible development.To reinforce accountability a dedicated Social Impact Advisory Board will provide independent oversight of impact performance. All investments will be evaluated using the Opportunity Zones Reporting Framework to promote consistency and transparency for investors.As Opportunity Zone policy continues to evolve, the Allivate and Ellavoz partnership is positioned to capitalize on a maturing market by delivering institutional grade investments that integrate financial discipline with measurable social outcomes.About Allivate Impact Capital®Allivate Impact Capital® is an impact investing firm with a mission of using innovative capital solutions to elevate communities, alleviate poverty, and activate entrepreneurial ecosystems. As a subsidiary of Woodforest Financial Group, Allivate leverages an award-winning Community Development Team to deliver attractive risk-adjusted returns from investments while delivering measurable positive social impact. Learn more at allivate.com and follow us on LinkedIn.Ellavoz Impact CapitalEllavoz Impact Capital, LLC, is a social impact investor, advisor, asset manager, and real estate developer focused on creating and preserving workforce and affordable housing and other community-oriented real estate properties. Ellavoz's strategy concentrates investments into price-attainable housing and economic development projects by working with socially aligned operators, local nonprofits, and governmental agencies to deliver positive community outcomes and double bottom line returns. For more information about Ellavoz Impact Capital, visit our website at Ellavoz.com.Nothing contained herein should be deemed a prediction or projection of future performance of any funds managed by Allivate Impact Capital or Ellavoz Impact Capital, and any information regarding performance is presented solely to illustrate underwriting criteria and analysis. Past performance shall not be construed to be indicative of future performance result.Nothing herein constitutes an offer to sell or a solicitation of an offer to buy interests in any investment, fund or other vehicle sponsored by Allivate Impact Capital, Ellavoz Impact Capital or any of their affiliates or partners. Any such offer or solicitation will only be made pursuant to confidential, definitive offering documents delivered to qualified investors and only in those jurisdictions where permitted by law.
Allivate Impact Capital
July 09, 2026
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