Inclusive Prosperity Capital, Inc.

THIS INTERNSHIP IS OPEN TO RETURNING YALE GRADUATE STUDENTS ONLY

About Inclusive Prosperity Capital:

Inclusive Prosperity Capital, Inc. (IPC) is a not-for-profit investment fund scaling energy financing solutions that channel investment capital to program partners in communities that need it most. The team at Inclusive Prosperity Capital is committed to combating the negative impacts of climate change in our most vulnerable communities, creating change in underinvested neighborhoods and underserved markets, and ensuring everyone has access to the benefits of clean energy.

The opportunity:

As part of a national reckoning on racial injustice and the lack of affordable housing, Community Development Financial Institutions (CDFIs), foundations, non-profits, and government funders (at the federal, state, and local level) have begun to invest in affordable housing as a catalyst for transforming underserved and underinvested communities.  Entities such as TruFund Financial Services, the Community Preservation Corporation, and others have prioritized funding and supporting minority-owned multi-family affordable housing developers.

Inclusive Prosperity Capital seeks an intern to support their efforts to better understand how their innovative financing products could support not just affordable, but clean and sustainable development of multi-family housing by minority-owned developers. Specifically, through traditional research and key informant interviews, the intern will help Inclusive Prosperity Capital better understand: (1) the landscape of minority-owned multi-family affordable housing developers in key housing markets (e.g., D.C. metro area, NY metro area, Chicago, and/or San Francisco); (2) how/to what extent these developers currently access clean energy incentives; (3) what are the legal, financial, and/or policy barriers to, or opportunities for, more regular, standardized, and/or systematic incorporation of clean energy in multi-family affordable housing development; and (4) how Inclusive Prosperity Capital’s products and/or services could fill the gaps and support systemic adoption of clean energy in this critical segment of affordable housing development.

The intern will report to Inclusive Prosperity Capital’s Chief Investment Officer, Musa Collidge-Asad and/or the Finance Team(s) he supervises.  This work will be integrated into a larger initiative to further develop IPC’s multi-family product suite and technology-enabled platforms and will provide opportunities to interact with a broad set of team members and leading industry stakeholders. 

Location:

This will be mostly virtual/remote, with the opportunity to meet in person at either Inclusive Prosperity Capital’s Hartford or New York City offices, as schedules permit.   

How to Apply:

Please submit:

• a cover letter (no more than 2 pages) to include:
  • your interest in this project
  • any relevant background/experience
  • why you believe this work is important
  • share any important identity or identities you hold. Note that this is completely optional. Examples of identities that may be important to you might include (but are not limited to): gender, race, ethnicity, political affiliation, generation, education level, cultural identity, occupation, sexuality, family structure, housing status, mental health (health status/ability), incarceration status, institution affiliation, primary language, religion, immigration status, medical history, first-generation, income/ socio-economic class, quality of education, occupation, and/or parent's education.
• your resume 

Please email the above directly to careers@inclusiveteam.org with “CBEY Planetary Solutions Internship Program in Clean Energy” in the subject line. Please also copy cbey@yale.edu. Application deadline is 11:59 PM ET on April 10, 2022.