Annual Impact
Report
2025 - 2026
A Message From Our Leaders
From strengthening domestic industry and expanding energy capacity to addressing housing shortages and supporting communities across the country, this is a pivotal moment for investment in America. At Advantage Capital, we are meeting the moment with intention—by investing with an emphasis on outcomes.
As an impact investment firm, we invest for outcomes that generate strong financial returns alongside meaningful, measurable results. We support businesses that build and manufacture in America, and back entrepreneurs creating quality jobs. We actively expand access to affordable, stable housing opportunities across the country, while investing in energy projects that enhance reliable infrastructure, strengthen energy security, and support long-term economic growth.
Steven Stull
PRESIDENT
Sandra M. Moore
MANAGING DIRECTOR &
CHIEF IMPACT OFFICER
OUR OVERARCHING IMPACT
Advancing Investor Solutions
We help investors deploy capital in ways that generate both meaningful impact and competitive returns, leveraging decades of experience across federal and state tax credit programs. By converting tax liabilities into investment opportunities, we connect institutional capital with projects that create jobs, expand energy infrastructure, and deliver affordable housing in undercapitalized communities.
With our tax credit program experience and expertise, we have placed:

