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ABOUT CCRC

Financing affordable housing throughout California

MISSION

CCRC is a reliable and trusted partner dedicated to improving California Communities by financing the development and preservation of affordable housing for low-income households.

VISION

CCRC's vision is to be a leading lending organization, driving positive impact and sustainable growth in the communities it serves.

HISTORY

CCRC was established in 1989 with the backing of the Federal Reserve Bank of San Francisco as a consortium of key California banks. Today over 40 banks contribute to pools allocated for permanent taxable and tax-exempt loans. Since its inception, CCRC has emerged as a vital player in the affordable housing landscape, approving more than $2.6 billion in loans dedicated to affordable housing properties. This financial support has facilitated the creation of more than 48,000 low-income housing units for individuals and families. CCRC enables access to capital and contributes to the ability of individuals to reside, work, and raise families in communities across California.

Chase Bank logo, blue circle with white lines

OUR MEMBERS INCLUDE

USBank logo, red badge with white text for "US" and blue text for "bank"
BMO bank logo; red circle with white cat in center
First Citizen Bank logo on left; blue square with red flag and white stripe
Wells Fargo logo, red square with white text
Monticito Bank and Trust logo, navy blue lines and maze forming arch shape
CB Trust logo
Pacific Premier bank logo, white P on navy blue background
City National Bank logo
Eastwest bank logo, red lines forming a square with a diamond in the mmiddle
ally bank logo
Comerica Bank logo; blue lines over Comerica font
Neighborhood

OUR IMPACT

Learn more about our impact and the communities we serve.

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