Investing in communities after disasters

Community development investing |

Praxis supports rebuilding through community development investing, bringing capital to help communities

As we grieve the devastation brought by powerful disasters around the country, the Caribbean, Mexico and other places around the world, Praxis Mutual Funds® believes that investing in rebuilding and redevelopment will help communities get back on their feet and thrive.

Often the people and neighborhoods most affected by disasters are communities in disadvantaged areas, where accessing capital and resources to rebuild can be difficult.

Throughout our history, we’ve committed to long-term investments in these communities through community development investing. Praxis dedicates more than 1 percent of our fund assets to community development investing through Calvert Foundation.

Through Calvert Foundation, we invest in micro-lenders, housing and community redevelopment organizations and social enterprises that will lead redevelopment and rebuilding in the affected areas. For example, we supported Gulf Coast Housing Partnership, which has rebuilt housing and community centers in the areas affected by Hurricane Katrina.

Another important way that communities receive the support they need after a disaster is through donations to organizations providing immediate disaster relief. If you’re interested in donating to partners of Calvert Foundation working on immediate relief, check out a list on their website.

Or donate to these organizations:

Praxis Mutual Funds is a fund family of Everence®, a financial services company that helps individuals, organizations and congregations integrate their faith and finances. Everence is providing $50,000 in grants to assist storm victims who are members of Everence-affiliated churches in the United States and Puerto Rico.


Disclosure

BHIL Distributors LLC is not affiliated with Calvert Foundation.

Calvert Social Investment Foundation, a 501(c)(3) nonprofit, offers the Community Investment Note®, which is subject to certain risks, is not a mutual fund, is not FDIC or SIPC insured, and should not be confused with any Calvert Investments-sponsored investment product. This is neither an offer to sell nor a solicitation of an offer to buy these securities; the offering is made only by the prospectus, which should be read before investing.