Samoan Congregational Community Church
Clearinghouse CDFI (CCDFI) facilitated the acquisition of a single-family home for Samoan Congregational Community Church (SCCC), which will serve as a parsonage for their incoming pastor. Due to its non-profit status, SCCC is not eligible for traditional single-family rental financing. Nevertheless, a $668,000 loan from CCDFI supported SCCC’s purchase of this residence.
Oakview Apartments
3 Loans Totaling $588K Support Affordable Living Spaces and Stability for Low-Income Residents
Laurel Crest Apartments
Clearinghouse CDFI (CCDFI) provided a $1,900,000 loan to Laurel Crest, L.P. This financing supports the refinancing of existing debt and provides funding for capital improvements for an affordable housing complex.
Orange County Community Housing Corporation
Orange County Community Housing Corporation provides educational assistance to low-income families.
Lancaster Promenade
The welcoming pedestrian oriented promenade features renovated retail space for local businesses, a movie theater, restaurants, and an art history museum. Lancaster Promenade is a community event space which features weekly farmer’s markets, holiday celebrations, and promotional events.
Brilliant Corners Agua Dulce
Brilliant Corners is a nonprofit organization that provides service-driven, supportive housing for those in need. These homes offer a stable environment for homeless and low-income individuals, as well as those with developmental disabilities.
Summit Leadership Academy
Summit Leadership Academy is a tuition-free, public charter school located in Hesperia, CA.
Ludlow Rest Stop
Clearinghouse CDFI (CCDFI) provided $6,008,000 to Ludlow Land Company for refinancing of a previous construction loan to support project improvements to a rural rest stop in Ludlow, California.
Brilliant Corners
Brilliant Corners is a nonprofit organization providing supportive housing for low-income individuals. This includes individuals facing intellectual and physical disabilities, as well as those transitioning out of homelessness.
Rodeo Drive Apartments
Clearinghouse CDFI (CCDFI) provided a $5,493,825 loan to Rodeo Village, LP to support the refinancing and subsequent renovations of Rodeo Drive Apartments, an affordable multi-family housing development in Victorville, CA.