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.
Since inception, CCRC has approved over $1 billion in loans for affordable housing, creating 38,000 homes for folks earning 60% or less of the area median income. Providing this access to capital allows individuals to live, work and raise their families in communities throughout California, creating a more economically diverse and stable statewide economy.
Servicing both southern and northern California, CCRC has worked with profit and non-profit developers to increase the supply of affordable housing. We provide both immediately funded loan programs for acquisition, intermediate programs that provide acquisition, rehabilitation and permanent mortgage for existing housing stock in need of repair, and forward commitment programs for planned new construction.
Recognized as a leader in the state in these programs, CCRC has an experienced staff to meet the needs of its investor banks, developers and those communities we serve.
To speak with a Loan Officer, please call 818 550-9800.
CCRC will increase the availability of affordable housing for low-income families, seniors and residents with special needs throughout California by facilitating private capital flow from our investors for debt and equity to developers of affordable housing.
CCRC will become the premier provider of capital serving the needs of low-income residents and communities.
225 W. Broadway, Suite 120, Glendale, CA 91204 - PH-818.550.9800 - FAX-818.550.9806
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