June Recap at CCM

July 2021 | CCM News

June marks the official start to summer, and for us at CCM, it was a busy month to close out the first half of the year. As we head into the Fourth of July holiday, here are some firm highlights that took place in June.

CCM kicked off the month with a new perspective: A Reintroduction of the American Infrastructure Bonds Act (Build America Bonds 2.0) that provides a review of the original program, highlights of what was learned from BABs, and the proposed new AIB program.

CCM also honored Juneteenth, the oldest nationally celebrated commemoration of the ending of slavery in the U.S., and the one-year anniversary of CCM’s Minority Community Advancement Racial Empowerment Strategy (Minority CARES). James Malone, chief financial and diversity officer, participated at a historical event at the NYSE on Juneteenth, ringing the closing bell with representatives from the NAACP and Impact Shares to commemorate the new federal holiday.

For our bank clients and friends, CCM hosted a webinar on the outlook on CRA Reform with the replay available here. Most recently, CCM shared a press release on our flagship CCM Community Impact Bond Fund, which surpassed $3 billion in assets under management alongside a new report on fixed income customization and a new video on how to align your impact objectives in a mutual fund.

Finally, CCM and Senior Housing Crime Prevention Foundation (SHCPF) honored World Elder Abuse Awareness Day, celebrated on June 15, to raise awareness of elder abuse by providing tips for preventing it. The following suggestions can help curb the rising tide of elder financial abuse:

  • Secure private information in a bank safety deposit box, including Social Security card, passport, bank account numbers, financial statements, medical records, and other legal documents.
  • Check bank accounts and bill statements carefully. Alert bank immediately if any unauthorized charges or unusual activity.
  • Do not disclose personal information, such as bank account numbers or PINs, to anyone in a phone call, letter, email, fax, or text message claiming to be from an established organization, especially if asked to wire funds or send private information.
  • Ask a local community bank about available resources to help protect you or your loved ones from scams and exploitation.
  • Plan ahead by giving a trusted person the legal authority to make financial decisions if or when necessary. Make sure the bank has a record of who can manage money on your behalf.
  • Contact local adult protective services agency and law enforcement with any information about a fraud or suspect financial abuse.

One of CCM’s 18 impact themes is ‘Seniors and the Disabled’ where clients can customize and direct their capital to investments supporting affordable living for seniors and/or disabled individuals, including physical, social, and psychological services. Investments aligned with this theme helps ensure that elderly residents, especially those who are frail or at-risk, and non-elderly residents with disabilities are linked to the supportive services they need to continue living independently. To learn more about the elder financial abuse and prevention strategies, visit

A full list of regulatory disclosures for Community Capital Management, LLC. are available by visiting: