California Community Reinvestment Corporation funds relief and rebuilding efforts for Southern California families impacted by disaster...

Housing Finance, powered by Affordable Housing Finance magazine, provides the tools and best practices for financing, developing, and operating affordable rental housing. California Community Reinvestment Corporation’s President & CEO Tia Boatman Patterson was honored to sit down with Affordable Housing Finance’s Donna Kimura to discuss her career and the organization’s upcoming work throughout 2025. With a career spanning the public and private sectors as well as work in the

Flexible Financing Partnership Guarantees Development in San Diego Will Remain Affordable GLENDALE, CA, UNITED STATES, January 16, 2025 -- California Community Reinvestment Corporation (CCRC) is excited to announce a crucial financing partnership with the Federal Home Loan Bank of San Francisco (FHLBank San Francisco) to ensure the long-term stability of Creekside Trails affordable housing in San Diego. Originally funded in 2006 with CCRC financing, Creekside Trails has prov

Expanded Partnership Enhances Funding for Affordable Housing Communities Across California California Community Reinvestment Corporation (CCRC) is pleased to announce that State Bank of India (SBI) , a long-standing and valued member of our banking consortium, has increased its credit line with CCRC by $500,000, bringing the total credit line to $1.9 million. This significant increase in State Bank of India’s credit line underscores its commitment to supporting California Co

CCRC-partnered member bank Ally Bank has made a charitable contribution of $25,000 to the Mary Kaiser Education Scholarship Fund! With over $500,000 awarded to low-income students in scholarships since inception in 2008, the Mary Kaiser Education Scholarship provides residents of CCRC-financed communities with elasticity and autonomy when pursuing educational opportunities.  CCRC has helped to create over 48,000 units of affordable housing through facilitation of private capi

On Friday, November 15th, CCRC's Vice President of Loan Originations  Jennifer Quevedo  attended the grand opening of Los Lirios in Los...

GLENDALE, CA, UNITED STATES – September 17, 2024 – City National Bank has made a $10,000 charitable contribution to the California Community Reinvestment Corporation’s Mary Kaiser Education Scholarship, demonstrating their commitment to CCRC’s mission of empowering low-income communities across California. The Mary Kaiser Education Scholarship supports students pursuing higher education or GED assistance who live in CCRC-financed affordable housing communities. Named after Ma

California Community Reinvestment Corporation (CCRC) President & CEO Tia Boatman Patterson recently talked with Sean Keenan of the Atlanta Civic Circle to discuss the role of the federal government - specifically the President of the United States - in the housing policy process ahead of the general election in November.    As the President appoints the Secretary of the U.S. Department of Housing and Urban Development (HUD) and the director of the Federal Housing Finance Agen

GLENDALE, CA, UNITED STATES – August 8, 2024 – First Northern Bank of Dixon has doubled its credit line with California Community Reinvestment Corporation (CCRC), increasing its previously $500,000 participation to a new total of $1,000,000! The collaboration of committed member banks like First Northern Bank of Dixon is a mutually beneficial means of ensuring support to vulnerable communities while also maximizing the ability of these banks to meet their CRA requirements. CC

GLENDALE, CA, UNITED STATES – August 6, 2024 – HSBC Bank has increased its participation in California Community Reinvestment Corporation (CCRC) by $5,000,000! The total credit line between CCRC and HSBC Bank now stands at $20,000,000, showcasing the unwavering commitment of HSBC Bank to serving vulnerable Californians. HSBC Bank’s credit line with CCRC has been operational since 2013 and has been indispensable in CCRC’s achievements in the affordable housing space over the l

Beyond Four Walls is a production of the National Housing Conference, hosted by David Dworkin. Recently, California Community Reinvestment Corporation (CCRC) President & CEO Tia Boatman Patterson  sat down with David Dworkin of the National Housing Conference (NHC) on the Beyond Four Walls podcast to discuss how to best navigate the expanding housing crisis and the work of qualified CDFIs like CCRC in that process. Boatman Patterson discussed her story which led her to housin

California Community Reinvestment Corporation (CCRC)’s Aaron Smith and Ting Ting Xiao were honored to attend the grand opening of the La...

GLENDALE, CA, UNITED STATES - May 21, 2024  – S&P Global Ratings’ issuer credit rating (ICR) on California Community Reinvestment Corporation (CCRC) has been renewed as ‘A+’ with projections of a stable financial outlook!   Profitability metrics, management, and asset quality have been judged as very strong compared with peers across the five-year period from fiscal year 2019 through 2023. Additionally, liquidity has been rated as strong in the same period due to CCRC’s profi

Mission Valley Bank is a community-oriented bank serving the locale of San Fernando Valley. Mission Valley Bank has increased its participation in California Community Reinvestment Corporation (CCRC) by $1,000,000, bringing their total participation amount to $10,000,000! CCRC is honored to have fostered a nearly ten-year relationship with Mission Valley Bank since its commitment to CCRC in 2016.    Mission Valley Bank is a woman-led and operated commercial bank with a reco

California Community Reinvestment Corporation (CCRC) was excited to be represented by Originations Analyst Owen Patterson at the Grand...

Last Wednesday, April 24th, California Community Reinvestment Corporation (CCRC)’s VP – Relationship Manager Jennifer Quevedo was...

California Community Reinvestment Corporation's Mary Kaiser Education Scholarship is open for its 16th consecutive year! Dedicated to alleviating the financial pressures of low-income students in CCRC-financed communities, the Mary Kaiser Education Scholarship has granted over $500,000 to academic costs since its inception in 2008. The application cycle for the 2024-2025 schoolyear is now open for all residents of CCRC communities and has been extended two weeks to April 30th

California Community Reinvestment Corporation (CCRC) is honored to announce that as a coalition member of Climate United, we stand ready to put a portion of the $6.97B awarded to work in California to support sustainability in the affordable multi-family housing we finance. The $6.97B award represents the lion’s share of the National Clean Investment Fund to improve and sustain green affordable housing! Climate United is a national nonprofit focused on creating opportunities

To commemorate the conclusion of Women's History Month, President and CEO of California Community Reinvestment Corporation (CCRC) Tia Boatman Patterson sat down with the creator and host of the podcast Thirty Minute Mentors, Adam Mendler, to discuss leadership and her challenges at CCRC. Boatman Patterson joined CCRC in December of 2022 and has since devoted substantial effort to mobilizing new affordable housing developments and sustaining member bank relationships. The or

On Monday, February 26th, CCRC Relationship Manager Ting Xiao was honored to speak at the Grand Opening of Imagine Village II, an...