Grand Re-Opening: Rodeo Gateway Apartments
Congratulations to EAH Housing on the grand re-opening of Rodeo Gateway Apartments!
Rodeo Gateway Apartments underwent a substantial rehabilitation to ensure this 49-unit community remained affordable for another generation of seniors in Rodeo, CA.
This location provides residents with convenient access to a wide variety of amenities and other services, including a library, medical clinic, senior center, and grocery store.
Merritt is proud to have provided $11.0 million in tax credit equity capital to EAH Housing for this impactful project.
Read our original closing announcement here!
Commitment to California (C2C) Update: California’s Housing Development Training Institute
Merritt is proud to continue sponsoring California’s Housing Development Training Institute (HDTI) through our Commitment to California Initiative!
This consequential program trains project managers at
non-profit affordable housing developers, and is the only program of its kind in the state of California.
As an intensive one-year training program, HDTI provides project managers with a wide range of expertise necessary to successfully develop affordable housing.
Find out more about Merritt’s latest initiative here!
Asset Management Specialist Training
Merritt’s Asset Management Specialist Training is now open!
This training utilizes the Consortium for Housing and Asset Management’s (CHAM) education materials. Participants also have the opportunity to join virtual and live instructor-led sessions, engage in working groups/large group conversations, and build their networks through in-person cohorts.
Learn more about Commitment to California and AMS+ here!
NH&RA Spring Developers Forum: Tax Equity Roundtable Recap
Recently, Merritt President & CEO, Ari Beliak, joined Peter Barker, with Barker Management, Dudley Benoit, Walker & Dunlop‘s Senior Managing Director of Investment Relations, and Jessica Captanis, Vice President of Originations with WNC & Associates, for a roundtable discussion regarding important tax credits.
Through their shared knowledge and experience, this group of industry leaders shared the latest updates on tax credit equity and its powerful role in financing deals.
People Updates:
Happy-10 Year Anniversary, Nedrah Barnes!
Merritt is fortunate to have you as our CFO, and we are excited to see what this next year brings. We are grateful for your continued commitment to our organization and the industry. Thank you for your leadership!
We look forward to many more years with you on the team.
Learn more about Nedrah’s career and path at Merritt (before she became CFO) here!
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.