CRP Affordable Construction & Permanent Finance Lenders
Citi Community Capital (CCC)
Citi Community Capital (CCC) provides a suite of financial products to help affordable housing developers construct, rehabilitate, refinance, and acquire affordable multifamily housing across the country
Since CRP Affordable’s inception, Citi has provided permanent and construction financing for 13 developments comprising over 880 affordable units. Citi continues to be an integral partner in supporting the development of affordable housing
J.P. Morgan Chase & Co.
J.P. Morgan’s Community Development Banking business has committed over $17B to finance affordable housing and has created and preserved over 119K affordable housing rental units across the U.S.
JPM has provided permanent financing for four of CRP’s affordable developments, comprising over 400 affordable units
Cal HFA
Established in 1975, CalHFA was chartered as the state’s affordable housing lender and has supported the needs of low and moderate-income renters and homebuyers by providing financing and programs with a focus on equity
In addition to providing long term subordinate financing for four CRP Affordable housing developments through its Mixed Income Program (MIP), CalHFA has committed to providing permanent financing for the Bluffs at 44th in the City of Capitola
