Optimizing the municipal bond market for health equity and racial justice
The municipal bond market has been called the original impact investment asset class, a source of capital for water, housing, parks, libraries, transit and other essential infrastructure. But laced through with historical biases, the U.S. municipal bond market has often been a source of racial harms as well. The Robert Wood Johnson Foundation has embarked on a broad effort to reshape the nearly $4 trillion muni market around health equity and racial justice.
Kimberlee Cornett, Senior Director for Impact Investments, and Zoila Jennings, Impact Investment Lead, for the Robert Wood Johnson Foundation join David Bank to dive into the burgeoning muni impact space.