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| DeAnza Gardens |
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| Location: |
Bay Point, California |
| Type: |
180 Units of Family Rental Housing |
| Development Team: |
Housing Authority of Contra Costa County, Boston Capital Partners |
| Lending Team: |
CCRC Permanent Loan for $10 million; Bank of America Construction Loan, Housing Authority of Contra Costa County, DeAnza Housing Corporation |
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Better Housing Means A Better California.
CCRC is California’s premier multifamily affordable housing lender, and responding to California’s statewide affordable housing crisis is our business. We specialize in programs for families and seniors, citizens with special needs and mixed-use developments. Backed by most of the major retail banks operating in California, we deliver the products, services and technical assistance that have made us the lender of choice of California’s affordable housing development community.
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| Scholarship Fund |
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 Anyone can get a higher education. The problem is, not everyone can afford it.
Well, now the California Community Reinvestment Corporation
has set up a new college scholarship fund to help out. It’s open
to all high school juniors and seniors over the age of sixteen.
You just have to be living right here in this apartment building
to be eligible. Ask the building Manager for an application form
and you could soon be at university, a community college – even
beauty, fine arts or trade school.
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| Product Center |
| Need a loan? Click here for Multifamily Loan Programs or a Rate Sheet. |
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| Customer Center |
Ready to get started? Click here for checklists and forms.
CCRC's experienced staff offers flexible products and services as well as technical assistance to those working to serve the needs of low-income communities. |
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| Investor Center |
| CCRC is a one-stop shop for a financial institution’s CRA program. Click here for loan reports, financial statements and more. |
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| Multifamily Loan Programs |
Rates
Call now for our current rates!
Mark Rasmussen
818 550-9807
mark.rasmussen@e-ccrc.org
RATES AND UNDERWRITING TERMS SUBJECT TO CHANGE
AS THE REGULATIONS FROM TCAC ARE FINALIZED WITH
THE CREDIT EXCHANGE PROGRAM
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| Location: Mountain View |
| Type: 149 units of senior housing and the new construction of an additional 104 units of senior housing all over eight acres of tree-covered land. |
| Development Team: Mid-Peninsula Housing Coalition |
Lending Team: CCRC provided a $12.7 million permanent loan on this creative project, with Wells Fargo as the construction lender and Aegon USA Realty Advisors as the investor of the entire project.
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