California

COMMUNITY REINVESTMENT FUND

Website: http://www.crfusa.com/

Community Reinvestment Fund, USA (CRF) is a national nonprofit organization based in Minneapolis, Minn. that has brought capital to community development lenders in low- to moderate-income communities since 1988. Since inception, CRF has channeled financing to create more than 19,000 units of affordable housing serving nearly 40,000 people.

CRF fills a gap in community development funding by bringing a larger amount of capital to the communities that need it most. This has a powerful impact, creating a huge ripple effect and improving more lives of disadvantaged people in distressed neighborhoods all across the country.

COMMUNITY DEVELOPMENT TRUST

Website: http://www.cdt.biz/

The Community Development Trust (CDT) is a national investor in affordable housing. Working with local, regional, and national partners, CDT makes long-term equity investments and originates and acquires long-term mortgages. In its 17 years, CDT has invested $1.2 billion in debt and equity capital to properties in 44 states and regions — helping to preserve and create 40, 000 units of affordable housing. CDT is a private real estate investment trust (REIT), a certified Community Development Financial Institution (CDFI), an approved Fannie Mae affordable housing lender, and a member of the Federal Home Loan Bank of New York (FHLBNY).

A 200-unit area in Santa Ana. This complex contains one-bedroom apartments for seniors. The building includes amenities such as a community room, exercise area, and regularly scheduled activities.

A 60-unit development in Fresno. The complex allots over half of the units to seniors and families with five or more people. The apartments are designated for households with low- and moderate-income.

A 153-unit multifamily development in Manteca. It features nine two- and three-story buildings that are reserved for families with low- and moderate-income. The amenities include a pool, playground, and grill area.

A 49-unit development in central Los Angeles. The complex offers one-, two- and three-bedroom apartments for an area in high need of affordable housing.

A 100-unit complex in downtown Salinas. It is an age-restricted community that boasts easy access to downtown amenities, including shopping and restaurants.

A 253-unit area in Mountain View. The fifteen buildings that are included in the complex are reserved for seniors that earn 50% or less of area median income.

COMMUNITY HOUSING CAPITAL

Website: http://www.communityhousingcapital.org

Community Housing Capital (CHC) is a Decatur, Ga.-based nonprofit that operates nationwide, supplying interim development financing and multifamily permanent loans to NeighborWorks organizations in 37 states. Since its inception in 2001, it has financed over 8,100 units of affordable housing.

An 87-unit apartment community in Sacramento. The development provides affordable apartments, plus amenities like a playground and computer lab, and resident services like childcare. Nearly three-quarters of the residents make less than 50% of the area median income.

CENTURY HOUSING CORPORATION

Website: http://www.centuryhousing.org

Century is a leading Community Development Financial Institution (CDFI), delivering innovative financial products quickly and reliably to support the development of critical housing projects throughout California. Over nearly years, Century has provided $1 billion in financing for over 25,000 new affordable homes and apartments across the state.

A 99-unit complex in Los Angeles. This development was created for families and individuals with low- and moderate-income.

A 97-unit community in Los Angeles. The development provides permanent housing for formerly homeless, elderly, and disabled residents. The area boasts numerous communal spaces including kitchens, dining areas, and gardens.

A 90-unit development in San Diego. It was Century’s first property in San Diego.

An 89-unit development in San Diego. This complex has two-, three-, and four-bedroom apartments that are reserved for persons with low- and moderate-income. After-school programs and computer education are included services.

An 80-unit development in Los Angeles. This complex has 14 one-bedroom, 36 two-bedroom, and 30 three-bedroom units. It is designed to accommodate families with low- and moderate-income.

A 45-unit development in Los Angeles. This property has 9 one-bedroom units, 35 two-bedroom units, and 1 three-bedroom unit. The apartments are reserved for families with low- and moderate-income. Amenities include a community room and free tutoring services.

CALIFORNIA COMMUNITY REINVESTMENT CORPORATION

Website: http://www.e-ccrc.org

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.

A 119-unit property in San Bernardino. The development is reserved for low- and moderate-income adults 62 and older.

A 76-unit property in San Diego. It is affordable to low- and moderate-income residents and the development won the 2014 Housing Project of the Year award for rehabilitation and energy efficiency.

A 66-unit property in Petaluma. The units are affordable to low- and moderate-income residents.

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