Report Overview
The 2012 Annual Report highlights a year of strong lending activity, geographic growth, and continued community impact. Clearinghouse CDFI recorded a record year of community development lending, expanded its presence in Nevada, and continued financing affordable housing, community facilities, economic development projects, and New Markets Tax Credit investments. The report also reflects the organization’s ongoing commitment to creating opportunities in low-income communities while maintaining financial strength and profitability.
Report Highlights
-
Record year of community development lending -
Expanded operations and lending activity in Nevada
-
Provided $32 million in community development financing
-
Created 648 units of affordable housing
-
Served low-income individuals, first-time homebuyers, seniors, and individuals with disabilities through affordable housing projects
-
Supported facilities serving more than 39,000 individuals annually
-
Created or preserved 465 permanent and construction jobs
-
Rehabilitated 930,000 square feet of underutilized space
-
Ranked second nationally for New Markets Tax Credit deployment from 2003 through 2011
-
Received the 2012 Wells Fargo NEXT Award for Opportunity Finance
