GRANT · HOW TO WIN THIS
Varies by project; one cited example was $6.7M.
Rolling submissions, no set deadline.
FUNDING TYPE
CDFI, Loan
CAN YOU GET THIS?
YOUR REAL ODDS
No public data on approval rates, but CCRC is a specialized niche lender with a defined mission scope.
Projects must fit their affordable housing mandate. The example loan cited was $6.7M for a 70-unit senior housing project, suggesting this is geared toward substantial development deals, not early-stage startups.
WHAT IT TAKES
Confirm your project is multifamily affordable housing in California — 1 day
Review lending products on their site and contact CCRC directly — 1-2 days
Submit loan inquiry or application through their borrower portal — 1-2 weeks
WORTH KNOWING
CCRC purchases tax-exempt bonds and provides CRA-eligible lending, which may be relevant if you're working with public financing structures or institutional partners on affordable housing deals.
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