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California Community Reinvestment Corporation secures over $120 million through securitization and additional capital from bank partners to enhance affordable housing lending.

PRIVATEAug 18, 2026•about 5 hours ago

Amount Raised

$124 Million

Round Type

Venture - Series Unknown

GlendaleFinancial ServicesReal EstateLendingNon Profit

Investors

U.S. BankWells Fargo

Description

California Community Reinvestment Corporation (CCRC) announced a $114 million securitization of tax-exempt loans and $10.1 million in additional capital from bank partners. This marks a significant milestone in CCRC's mission to strengthen its capital for affordable housing lending across California. The securitization is the first of its kind by a Community Development Financial Institution. Wells Fargo and U.S

Company Information

Company

California Community Reinvestment Corporation

Location

Glendale, California, United States

About

California Community Reinvestment Corporation (CCRC) is California’s premier Community Development Financial Institution (CDFI) multifamily affordable housing lender, tackling the affordable housing crisis throughout the state. CCRC’s lending products provide term financing for affordable multifamily rental housing, supporting the creation of low-cost housing for vulnerable individuals and families.

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