CALVERT IMPACT FUND INC
485APOS, EX-9, 2000-12-20
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EDGAR  EXHIBIT  9
REFERENCE  N-1A  EXHIBIT  (I)

October 25,  2000


Securities  and  Exchange  Commission
Judiciary  Plaza
450  Fifth  Street,  N.W.
Washington,  D.C.  20549

         Re:      Exhibit  9,  Form  N-1A
                  Calvert Impact Fund, Inc.

Ladies  and  Gentlemen:

         As  counsel  to  Calvert  Group,  Ltd.,  it  is  my  opinion  that  the
securities  being  registered  by  this  Post-Effective Amendment No. 1 will be
legally  issued,  fully  paid and non-assessable when sold.  My opinion is based
on  an  examination  of  documents  related  to  Calvert  Impact Fund, Inc.,
including  its  Articles  of  Incorporation,  its By-laws, other original
or  photostat  copies  of  trust  records,  documents,  papers,  statutes,  and
authorities  as  deemed  necessary  to  form  the  basis  of  this  opinion.

         Therefore,  I  consent  to  filing  this  opinion  of  counsel with the
Securities  and  Exchange  Commission  as  an  exhibit  to  its  registration
statement.

Sincerely,


/s/Jennifer Streaks
Associate  General  Counsel



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