Impact

2023
California Map

Impact

For 35 years we have been your trusted partner, investing $1.5 billion creating over 11,600 affordable homes across California.

We are dedicated to investing in affordable housing and people to build a stronger California. We work with mission-aligned developers and funders to make the most challenging affordable housing projects possible because we believe everyone should have a home in a community where they can thrive. 

“We are proud of all we accomplished in 2023 with our mission-aligned funder, developer, and Commitment to California partners.  We invested nearly $100 million in over 400 affordable homes across, expanded our workforce development programs to include development, finance, asset management, project management, policy, and property management, and contributed to statewide and regional initiatives to make building affordable housing easier.”

Ari Beliak

President and CEO

PORTFOLIO

Merritt maintains an industry-leading portfolio. Our Asset Management team establishes a strong working relationship with property management teams and development partners.

“2023 was another exciting year for Merritt. Our portfolio continues to be a top LIHTC portfolio in the nation. A highlight from 2023 was having the opportunity to support asset management professionals across California as we launched the 1st ever “Asset Management Specialist+” training cohort in partnership with CHAM. Through this training we were able to connect and build deeper relationships with 25 asset management professionals across 19 organizations and strengthen asset management practices of affordable housing. “

Izaac Singh

Director of Asset Management