Congratulations to American Family Housing on their newest project: Casa Colibri, located in Midway City, an unincorporated community in Orange County. Casa Colibri will provide sorely needed housing to 50 homeless households as well as 13 low-income individuals along with wrap-around on-site supportive services provided by American Family Housing and Orange County Health Care Agency in one of the highest housing cost areas of the state. In addition, Casa Colibri will be utilizing modular construction to achieve a faster, lower cost delivery of these units.
Merritt Community Capital Corporation is proud to provide $27 million in tax credit equity toward this project for this critical project in Southern California. Thank you to our financing partners at California Bank and Trust, County of Orange, CalOptima, Citibank, and Banner Bank for making this project happen. Casa Colibri is expected to be complete in late 2026.
As California’s nonprofit housing tax credit syndicator, Merritt is dedicated to working with like-minded developers to fill gaps in the market to make the most challenging affordable housing projects possible.
About Merritt Community Capital Corporation
Merritt Community Capital Corporation is a mission-oriented affordable housing funder that serves the state of California. For more than 35 years, Merritt has been a trusted partner, investing more than $1.6 billion and creating over 12,000 affordable homes across California. Beyond investing in properties, Merritt invests in people. Through its Commitment to California initiative (C2C), Merritt proudly spearheads programs across the state that attract, train, and retain current and future affordable housers.
Merritt is also the west coast member of the National Association of State and Local Equity Funds (NASLEF), which empowers locally engaged, mission-driven housing and community investment partners to build thriving communities. By partnering with mission-aligned organizations and developers in the affordable housing space, Merritt ensures the most critical communities are developed and maintained for low-income residents.