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Impact report 2023 - hero banner

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Impact results

Investments across our impact portfolios

Real World Impact

21,882
Low- to moderate-income home buyers
106,173
Affordable rental units
6,071
Nursing home facility beds
27
Rural housing
101
Rural enterprise projects
1,032
Small business loans
145
Community economic development projects
17
Community-based not-for-profit organizations

Investments by theme

Investments by themee - chart
Affordable Homeownership 68.9%
Multi-Family Affordable Housing 11.8%
Health & Wellness 5.9%
Energy & Climate Change 5.6%
Water & Sanitation 3.7%
Small Business 3.5%
Financial Inclusion 0.4%
Education 0.4%
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BlueBay U.S. Impact Bond Strategy

24.67%
Affordable Homeownership
21.11%
Health & Wellness
20.01%
Energy and Climate Change
13.20%
Water & Sanitation
10.12%
Multi-Family Affordable Housing
10.89%
Other

BlueBay Access Capital Community Investing Strategy

83.48%
Affordable Homeownership
12.47%
Multi-Family Affordable Housing
4.03%
Small Business
0.03%
Other

Affordable multi-family rental housing across strategies

Tenant profile

$22.5K
Average annual income*
$363
Average monthly rent*
64%
of tenants are BIPOC*
56%
of households are headed by a senior (62 or older)*
20%
of households have a family member with a disability*

* Based on 159 properties where data is available

Subsidized rents for lower income families

5,679
New affordable rental
housing units created

*Property Management Research, Renter Statistics, 2021
**RBC GAM, US Census Bureau and Department of Housing and Urban Development, Open Data sets “Multi-Family Properties – Assisted” and “HUD Insured Multi-family Properties”, 2021

100% of properties have over 50% of units reserved for LMI* families
71% of units are women-headed households
99% of units at or below 80% of AMI

Source: across all our impact strategies

Affordable homeownership profile across strategies

Monthly-family mortgage loan detail

hand coin icon
$112M
Total invested
241
Properties financed
28,096
Units financed

Mortgage Loan Detail

$655M
Total invested
7,366
Loans financed
$190K
Average home loan size
4.28%
Average interest rate
802
New low-to-moderate home buyers

Borrowers profile

documents coin icon
100%
Low-to-moderate income
$60K
Average borrower income
64%
Average borrower income as a % of AMI
53%
Of borrowers are BIPOC*
17%
Of borrowers are first time home-buyers*

Homeownership profile comparison

GSE - Government-Sponsored Enterprise

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