by Merritt Community Capital Corporation | Apr 21, 2021 | Our Impact, Project Updates
After years of struggle, Merritt celebrates Paradise Community Village for overcoming a major hurdle that threatened its viability – costly IRS penalties. This win comes from recent COVID legislation and support from the California Tax Credit Allocation...
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 | Nov 28, 2018 | Our Impact
The Camp Fire was the deadliest and most destructive wildfire in California history and unfortunately Merritt was not immune to the devastation. Our Fund XIV project, Paradise Community Village was completely destroyed, leaving 36 senior families without a...