#PSP30: Introduction
Wespath is celebrating the 30-year anniversary of its Positive Social Purpose (PSP) Lending Program with a new video that shares the program’s broad social impact and introduces its three core investment themes: affordable housing, community development and international microfinance.
#PSP30: The Past
Wespath General Secretary and CEO Barbara Boigegrain discusses the early efforts of board members and employees to launch the PSP Lending Program in 1990. We then explore a timeline of the program’s evolution—from making short-term affordable housing loans, to adding financial partners and new investment types, to eventually expanding into global impact investments.
#PSP30: The Present
Our #PSP30 video series continues with a look at how the PSP Lending Program operates today. Learn how Wespath’s staff collaborates with financial institutions and community organizations to manage investments that seek strong returns and real-world impact. Hear from Trilogy Behavioral Healthcare, a community mental health service provider supporting residents at a PSP investment property in Chicago.
#PSP30: The Future
The #PSP30 video series concludes by highlighting Wespath’s continued commitment to impact and performance. PSP Lending Program Director Sylvia Poniecki shares what’s next for the program, Chief Investment Officer Dave Zellner explains how Wespath uses the philosophy of PSP to further support a sustainable global economy, and General Secretary Barbara Boigegrain thanks all those who have brought PSP to where it is today.
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We will continue to add more valuable information and features. Please let us know how we are doing.
P.S. For plan sponsors and plan participants, we have a new look for you too. Check out the Wespath Benefits and Investments website.
