NCCLFNorthern California Community Loan Fund (San Francisco, CA)
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This grant of private loan capital will significantly boost our capacity to help Bay Area and Central Valley nonprofit and community development organizations create and preserve much-needed affordable housing," said Mary Rogier, president of NCCLF.
Chase's $2M grant will help NCCLF provide a variety of affordable housing loans, ranging from multi-family rentals to home ownership.
Chase has partnered with NCCLF since 1998, supporting them in developing innovative ways to provide much-needed financing to preserve affordable housing units.
Guaranty Bank and NCCLF partnered to strengthen the economic base of low-income communities by providing access to affordable loan capital and technical assistance.