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Neighborhood Impact Investment Fund

2601 N Howard Street Suite 215, Baltimore, MD, 21218, United States

Overview

Neighborhood Impact Investment Fund is a mission-driven organization that specializes in community development projects.

Total investments
1
Lead investments
0
Investments · 12mo
0
Active investors
0

Sector focus

  • Communities
  • Financial Services
  • Professional Services
  • Social
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Investment portfolio

  • Up To Date Laundry

    Participated · Equity · Sep 2022

    Up To Date Laundry operates a large HLAC‑certified healthcare laundry facility in Baltimore, processing close to 70 million pounds of healthcare linen annually and offering rental, customer‑owned processing, full exchange cart programs, a non‑acute division, and consulting services. The company employs a diverse base of 200+ full‑time and 300+ temporary workers, pays above‑market wages and benefits, and aims to add up to 50 jobs in Baltimore over two years. Recent capital will fund increased automation at its main plant, multiple energy efficiency improvements, and purchases of linens for new linen‑rental customers to support growth. The firm has pursued sustainability upgrades (including PACE financing) projected to reduce greenhouse gas emissions by roughly 1,900 MT CO2e annually and improve water utilization. UTD served as an essential service during the pandemic, supporting major hospital clients in the region such as University of Maryland Medical System and Johns Hopkins. The company emphasizes workforce training and local hiring as part of its community impact.

Team

No current team members are available.