Episcopal Health Foundation is helping launch a new statewide collaborative that aims to bring more investment to projects that improve health and strengthen communities across Texas.
The Texas Impact Capital Alliance (TICA) brings together foundations, financial institutions, community development organizations, and other mission-driven partners to help connect more funding to projects that benefit Texans. The goal is to make it easier for communities to finance solutions that improve community well-being and health outcomes, including affordable housing, child care, broadband access, healthy food, and small business development and health care.
Susybelle Gosslee, EHF’s Chief Administrative Officer, was elected by TICA’s founding steering committee to serve as the inaugural co-chair alongside Kate Knight of Phillips Foundation. In this role, Gosslee will help guide the collaborative’s strategic direction as it works to expand impact investing and strengthen communities across Texas.
Many community projects rely on grants or public funding, but those resources often aren’t enough to meet the need. At the same time, traditional lenders may view some projects as too new or too risky to finance on their own. Impact investing helps bridge that gap by bringing together organizations willing to invest in projects that can both improve communities and generate a financial return.
Although impact investing has grown in other parts of the country, Texas has fewer organizations making these kinds of investments than many other large states. That means promising community projects often take longer to get off the ground—or never happen at all.
The alliance grew out of an impact investing education series led by the Federal Reserve Bank of Dallas. After participating in several learning sessions, organizations from across Texas saw an opportunity to create a statewide network that could share knowledge, coordinate investments, and make it easier to finance projects that strengthen communities.
TICA’s goals include:
- Bringing more investment to projects that improve community well-being and health outcomes across Texas.
- Expanding participation among foundations, community lenders, financial institutions, and other mission-driven investors.
- Helping organizations align capital and facilitate co-investment opportunities for projects that are too large or complex for any one organization to support alone.
- Building a stronger statewide network focused on long-term community impact.
Alongside grantmaking, EHF uses impact investing as another tool to support projects that create healthier communities while allowing those dollars to be reinvested in future work.
TICA expects to formally establish its governance later this year and begin identifying opportunities for shared learning and co-investment in 2027.