by Merritt Community Capital Corporation | Apr 8, 2021 | Project Updates
When analyzing the portfolio – that is home to nearly 16,000 people across California – by property type, none of the average rent collection rates dropped below 90% during the pandemic. Senior properties outperformed the other segments as rates have remained at...
by Merritt Community Capital Corporation | Mar 29, 2021 | Project Updates
Congratulations to A Community of Friends (ACOF), one of Los Angeles’ leading nonprofit developers of permanent supportive housing, on the financing closing for West Terrace – which will bring 64 new units of permanent supportive housing for homeless...
by Merritt Community Capital Corporation | Mar 26, 2021 | Project Updates
Congratulations to Rural Communities Housing Development Corporation (RCHDC) on the financing closing for Pine Hill Village – which will bring 30 new units of affordable housing for homeless and low income households outside Eureka, CA. Pine Hill will...
by Merritt Community Capital Corporation | Mar 1, 2021 | Our Impact
February 26, 2021 — OAKLAND, CA — Merritt is best known for providing equity capital for affordable housing developments throughout California, having financed close to 10,000 homes for nearly 25,000 low-income people and raising nearly one billion dollars over the...
by Merritt Community Capital Corporation | Feb 25, 2021 | News Releases
CohnReznick Assessment of Merritt Community Capital Corporation as a Housing Tax Credit Syndicator Dashboard Issued October 19, 2020