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California Community Reinvestment Corp.
California Community Reinvestment Corp.
Amount
Varies
Deadline
Rolling
Odds
Not published
Effort
1 day
Can you get this?
✓For multifamily rental housing projects
✓Projects must be located in California
✓Housing must serve low-income households
✓Covers both development and preservation projects
Your real odds
No public approval rate data exists, but CCRC is a niche lender with a defined mission scope, so projects that fall outside affordable housing get filtered out early.
Your project must fit their affordable housing mandate, and the example loan on record was $6.7M for a 70-unit senior housing development, which signals they work with substantial deals rather than early-stage ventures.
What it takes
Confirm project is multifamily affordable housing in Califor1 day
Review lending products and contact CCRC1 to 2 days
Submit loan inquiry via borrower portal1 to 2 weeks
Worth knowing
CCRC purchases tax-exempt bonds and provides CRA-eligible lending, so if you are already working with public financing structures or institutional partners on affordable housing, that alignment is worth leading with in your application.
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