News

New Closing – Templeton Place II

New Closing – Templeton Place II

Merritt provides $9.3 million in equity to People’s Self Help Housing to create 36 new units in Central Coast California, including 5 permanent supportive housing units for Veterans experiencing homelessness, 5 units for low-income Veterans and 25 units for very low and low-income households
Fund XX Closes

Fund XX Closes

Merritt Community Capital Corporation Fund XX, LP, closed. A $42 million institutional low-income housing tax credit (LIHTC) fund used to develop more than 400 affordable housing units in California.
Opportunity to Give – Camp Fire Evacuees Need Our Help

Opportunity to Give – Camp Fire Evacuees Need Our Help

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 place to call home. 
Fund XVIII Closes

Fund XVIII Closes

Merritt Community Capital Corp. recently closed its $75.5 million Multi-Investor Fund XVIII. Given the need to preserve existing units of affordable housing in California, there are, in Merritt’s Fund XVIII, seven acquisition rehab properties, five in Northern California and two in Southern California.