Merritt hires a new COO/CFO

February 22, 2019

Merritt Community Capital is pleased to welcome Carl Nichols as its new COO/CFO.

Press Release

Merritt Community Capital is pleased to welcomeOAKLAND, CA – January 30, 2019 – Merritt Community Capital Corporation is pleased to announce Carl Nichols joined the Merritt management team serving as the Chief Operating Officer/Chief Financial Officer.

Mr. Nichols has an extensive background in finance, strategy and operations working for a variety of companies ranging from nonprofits to investment firms and industry- leading Fortune 500 companies. Most recently he served as the Chief Business Officer/Chief Financial Officer of the Girl Scouts of Northern California. Previously Mr. Nichols served as Managing Director at Outlook Ventures where he developed investment strategies, selected opportunities and managed investments. He is active in supporting a variety of community based and youth development nonprofits along with serving on the faculty of the University of California, Berkeley Haas School of Business.

He was the 2017 winner of the Bay Area nonprofit CFO of the Year as selected by the San Francisco Business Times. He holds an MBA from Harvard University and a Bachelor of Science degree in Computer Science from Brown University.


Merritt Community Capital Corporation provides equity capital for affordable housing throughout California, revitalizing neighborhoods through construction, rehabilitation, and long-term asset management. Since 1989, the company has financed more than 8,887 affordable homes, and invested more than $846 million in 21 separate funds. Merritt is the West Coast member of the National Association of State and Local Equity Funds (NASLEF) and continues to offer exceptional service to investors, developers and consultants of LIHTC affordable housing properties. For more information, visit



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