History of NCCLF
In 1985, a working group of 35 community representatives, financial professionals, funders, and housing specialists began meeting to form what is now the Northern California Community Loan Fund. United by a shared commitment to community revitalization, these individuals sought to create opportunities where their investment dollars could make positive economic and social change in northern California’s neediest communities. They believed the best way to achieve this change was by investing in the network of nonprofit housing developers and social service providers that work to make transformational change in low-income communities. In 1987 these founding members incorporated NCCLF as a 501(c)(3) nonprofit, opened its doors to investors, and began making loans.
For nearly 25 years, we have grown to become an important regional lender and technical assistance provider, supplying loan capital and financial training to organizations that develop affordable housing, community facilities, job-training programs, and vital human services throughout Northern California. These are some of the services we offer:
- We supply affordable, high-impact loans to nonprofits unable to obtain conventional financing;
- We offer financial technical assistance to build the capacity of community organizations;
- We supply grants and technical assistance to nonprofits seeking permanent facilities;
- We enable socially concerned investors to channel their capital to sound community projects; and
- We engage in public education to build public awareness of community investment opportunities.
Both the U.S. Treasury Department and the State of California have certified NCCLF as a Community Development Financial Institution (CDFI), and we have a lender’s license from the California Department of Corporations. We are also a member of the Opportunity Finance Network.
NCCLF has a diverse, active board of twelve people representing both our borrower and investor constituencies with a range of professional expertise in banking, housing, economic development, venture capital, business planning, accounting, and fundraising. Our highly qualified staff is exceptionally strong in lending and business administration and is guided by our President Mary Rogier, who is nationally recognized for her experience in community development, nonprofit management, and financial analysis.