Impact Community Capital
Impact Community Capital (ICC) was founded to create a bridge between low-income communities in need of investment and insurance companies. It aims to invest policyholders’ capital into profitable investments while making a positive impact. Since ICC’s inception, the sum of its socially responsible investments in underserved communities has grown to more than $1.9 billion. ICC invests in affordable housing, health care and economic development. Since 2000, Allstate has helped ICC provide families access to more than 45,000 low-income housing units by funding ICC loans to newly constructed or rehabilitated affordable multifamily housing properties, most of which are eligible for low-income housing tax credits.