Report Overview
The 2009 Impact Report highlights a year of continued growth for Clearinghouse CDFI, documenting the increasing scale of its lending activities and the communities reached through its financing programs. By year-end, the organization had funded $624 million in loans and equity investments since inception, supporting affordable housing, community facilities, economic development projects, and first-time homeownership opportunities throughout California.
The report details lending activity across core lending, New Markets Tax Credits, and single-family mortgage programs, while also highlighting expanded geographic reach, new community investments, and the cumulative outcomes achieved through more than a decade of community development finance.
The report details lending activity across core lending, New Markets Tax Credits, and single-family mortgage programs, while also highlighting expanded geographic reach, new community investments, and the cumulative outcomes achieved through more than a decade of community development finance.
Report Highlights
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Reached $624 million in loans and equity investments since inception
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Funded 1,232 loans since inception
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Served 214,765 clients annually through financed organizations and projects
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Created 3,005 affordable housing units since inception
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Funded 37 core loans totaling $25.5 million in 2009
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Reached four new California counties through core lending activities
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Deployed $49 million in NMTC loans and equity investments for three community development projects in 2009