News

Keeping you updated on what’s happening at CEI

News

July 07, 2026

481 CEI-Boulos Impact Fund invests in Redevelopment of Cornerstone Baptist Church in North Philadelphia’s Strawberry Mansion Neighborhood into Affordable Housing

The fund, a partnership between TD and CEI-Boulos Capital Management, makes its third investment in an affordable housing project in the city in less than a year. Philadelphia, PA – July 7, 2026: The 481 CEI-Boulos Impact Fund, a partnership between TD and CEI-Boulos Capital Management, has closed a majority equity investment in the N. 33rd Street Redevelopment Project, which…

June 30, 2026

Willard Scoops Becomes Maine’s First 100% Solar-Powered Ice Cream Maker

Workers take a break to enjoy some Willard Scoops Ice Cream as they install solar panels on the business's roof South Portland creamery now powers every scoop and keeps customers cool with on-site rooftop solar South Portland, Maine - June 30, 2026 – Sunny days are a boon to any ice cream business, but when you’re Maine’s first 100% solar-powered…

June 26, 2026

Grady Vanderhoofven, President & CEO of Three Roots Capital, Joins CEI Ventures’ Board Of Directors

June 26, 2026 (Brunswick, ME) – CEI Ventures, Inc., the Brunswick, Maine-based impact venture capital firm, announced the addition of a new Board Member, Grady Vanderhoofven. Mr. Vanderhoofven is the Founder, President and CEO of Three Roots Capital, a Community Development Financial Institution (CDFI) and a Community Development Entity (CDE), which makes debt and equity investments in companies and projects…

June 10, 2026

The Diamond Street Affordable Housing Project in Philadelphia’s Strawberry Mansion Neighborhood Breaks Ground, with Investment from the 481 CEI-Boulos Impact Fund, a partnership between TD and CEI-Boulos Capital Management

The community supported, transit-oriented, and sustainability focused project will provided 46 units of long-term affordable housing, addressing the critical shortage in the neighborhood. Philadelphia, PA – June 4, 2026: A groundbreaking event was held today for the Diamond Street Affordable Housing Project at 2800 Diamond Street in North Philadelphia’s Strawberry Mansion neighborhood. The sustainability focused, transit-oriented urban infill development…

May 28, 2026

Kingspan Group Uses New Market Tax Credit Financing to Bring 100+ New Advanced Manufacturing Jobs to Rural Oklahoma

CEI Capital Management, REI Development Corp and MetaFund, provided New Markets Tax Credit financing (STILLWATER, OK and BRUNSWICK, ME - May 28, 2026) CEI Capital Management LLC (CCML) is joined by Oklahoma-based Community Development Financial Institutions REI Oklahoma and MetaFund to close on New Markets Tax Credit financing for Kingspan Roofing + Waterproofing, Inc. to construct an advanced manufacturing facility…

May 01, 2026

Foremost Farms Greenville

A Long‑Term Investment with Lasting Community Impact When Foremost Farms set out to build a new dairy processing facility in Greenville, Michigan in 2018, the goal was not simply to add another plant to its portfolio. The project was designed to strengthen a regional dairy economy, support farm families, and create long‑term community benefits through stable jobs and local investment.…

April 16, 2026

481 CEI-Boulos Impact Fund, a Partnership Between TD and CEI-Boulos Capital Management, invests in 46 New Units of Affordable Housing in Philadelphia’s Strawberry Mansion Neighborhood

Philadelphia, PA – April 15, 2026: The 481 CEI-Boulos Impact Fund, a partnership between TD and CEI-Boulos Capital Management, has closed on a $2.7 million equity investment in the Diamond Street Affordable Housing Project at 2800 Diamond Street in North Philadelphia’s Strawberry Mansion neighborhood. The sustainability focused, transit-oriented urban infill development will deliver a new 49,745-square-foot building consisting of 46…

March 26, 2026

The Stella in Indianapolis’s Near Northside Neighborhood Named CoStar Impact Award’s 2026 Multifamily Development of the Year

Developed by TWG Development with investment from the AIC CEI-Boulos Opportunity Fund, the project brings 166-units of mixed income housing along IndyGo’s Redline, advancing transit-oriented development and neighborhood revitalization. (INDIANAPOLIS, IN – March 26, 2026) The Stella, a new mixed-income, transit-oriented development located at 1827 North Meridian Street in Indianapolis’s Near Northside neighborhood has been named “Multifamily Development of the Year”…

March 10, 2026

Historic Green Mansion in Syracuse to be Transformed into Headquarters for the Greater Syracuse Land Bank and Workforce Housing with Investment from NBT CEI-Boulos Impact Fund

Redevelopment of Long-Vacant Historic Green Mansion by Local Developers Aims to Catalyze Revitalization of Near Westside Neighborhood Syracuse, NY – March 10, 2026: The NBT CEI-Boulos Impact Fund, a high-impact real estate equity investment fund managed by CEI-Boulos Capital Management, LLC, with NBT Bank as the sole investor, has closed an equity investment in the transformative Green Mansion Redevelopment Project…

March 10, 2026

Atrium Court Project Opens in Seattle’s Othello Neighborhood Creating Affordable Workforce Housing and Community Benefit with Investment & Financing from AIC CEI-Boulos Opportunity Fund, Amazon’s Housing Fund, and Trez Capital

Housing Diversity Corporation and Partners Deliver 271 New Homes, 200 with Permanent Affordability, in South Seattle SEATTLE, WA, March 10, 2026, Community leaders, residents, and development partners are gathering today to celebrate the Grand Opening of Atrium Court, a new affordable housing and retail development located at 7324 Martin Luther King Jr. Way S., steps from the Othello Light Rail Station. Atrium…

March 10, 2026

CEI Is Recognized Among 2026 ImpactAssets 50

ImpactAssets Celebrates 15 Years of the IA 50, Highlighting the Evolution and Ongoing Growth of Impact Investing [Brunswick, Maine – March 10, 2026] – Coastal Enterprises, Inc. (CEI) is pleased to announce their inclusion in this year’s ImpactAssets 50® (IA 50), the definitive guide to impact investing fund managers globally. Launched in 2011 by ImpactAssets, the IA 50 has grown…