In the fall of 2009, NCCLF joined three other Community Development Financial Institutions (CDFIs) to provide $6.79 million in financing to the Tenderloin Neighborhood Development Corporation (TNDC). TNDC will use this funding to acquire a large parcel of prime real estate at the corner of 5th and Howard Streets in San Francisco’s SOMA neighborhood.  The [...]

In 2007, the National Women’s Law Center reported that nearly one in five women in California lacked health insurance. Of these uninsured, over 60% were low-income women. This number has likely grown since the economic crisis increased the ranks of unemployed or underemployed women in the state.  Fortunately, local clinics and nonprofits are often able [...]

NCCLF recently made a $321,000 loan to the Sacramento Mutual Housing Association, Inc. (SMHA) to help refinance and renovate Glen Ellen Estates, a 35 unit, affordable, multifamily housing development located in Sacramento. Established in 1988, SMHA’s mission is to develop and operate permanently affordable housing that builds strong and stable communities through resident participation and [...]

On January 12, NCCLF Director of Consulting Joshua Simon spoke at “Public/Private Financing for Community Development”, part of the Community Development Vision into Reality Series. The series is hosted by the Fresno County Economic Opportunities Commission, the Federal Reserve Bank of San Francisco, and the Fresno West Coalition for Economic Development. During his presentation, Simon [...]