Report Overview
The 2010 Impact Report documents a year of significant lending activity focused on affordable housing, educational facilities, community services, economic development, and neighborhood revitalization. Throughout the report, Clearinghouse CDFI emphasizes its commitment to supporting projects that expand opportunity and strengthen communities through access to financing.
In 2010, Clearinghouse CDFI financed more than $130 million in loans and investments, including $25 million in core loans and more than $105 million in New Markets Tax Credit financing. These investments supported affordable housing development, community-serving facilities, educational institutions, nonprofit organizations, and commercial projects while generating measurable outcomes in low-income communities throughout California.
In 2010, Clearinghouse CDFI financed more than $130 million in loans and investments, including $25 million in core loans and more than $105 million in New Markets Tax Credit financing. These investments supported affordable housing development, community-serving facilities, educational institutions, nonprofit organizations, and commercial projects while generating measurable outcomes in low-income communities throughout California.
Report Highlights
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Financed more than $130 million in loans and investments during 2010 -
Surpassed $760 million in cumulative loans and equity investments since inception
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Supported community services and facilities serving more than 20,000 individuals in 2010
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Financed the development of 200 affordable housing units
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Supported the construction or rehabilitation of more than 700,000 square feet of living, community, and retail space
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Helped create 500 jobs through 2010 lending activity
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Funded 65 core loans totaling $25 million and more than $105 million in NMTC financing through 17 loans
