California Community Reinvestment Corporation (CCRC) is California’s premier multifamily affordable housing lender. CCRC specializes in programs for families and seniors, citizens with special needs and mixed-use developments. Since 1989, CCRC has approved over $1.5 billion in loans for affordable housing, financing more than 42,000 rental homes for individuals and families earning 60% or less of the area median income. Approximately 35% of its lending is in rural areas. CCRC is an FHA Multifamily Accelerated Processing (MAP) lender, specializing in programs for families and senior citizens, individuals with special needs, and mixed use developments. CCRC pioneered mortgages for Low Income Housing Tax Credit (LIHTC) projects in 1989, and developed the Tax Exempt Private Placement Bond Program in 2001.
