Meet Our Clients

NCRF has provided $43 million in loans and investments for projects costing more than $1.4 billion. This capital created or preserved over 5,000 housing units, more than 4.1 million square feet of community facility and commercial space, more than 24,000 jobs and served nearly 25,000 people.

Every day, we are helping community organizations and leaders make a difference in the lives of those they serve by financing projects that conventional lenders will not fund. Here are just a few of those projects:

Cesar Chavez Plaza Apartments
Neighborhood Partners, LLC
Davis, California

Neighborhood Partners, a local for profit developer of affordable housing, needed predevelopment financing to pay the architect, engineer and various fees to complete construction drawings and obtain a construction loan to build the Cesar Chavez Plaza Apartments, a 53-unit multi-family supportive housing complex. The apartments provide households between 30 and 50 percent of area median income with safe, decent, affordable and accessible housing, with 35 percent of the units set aside for people with disabilities. NCRF provided $500,000 in predevelopment financing, notably the only non-public monies in this $9.5 million project.   

Southeast Families United Child Development Center
Mission Neighborhood Centers, Inc.
San Francisco, California

Mission Neighborhood Centers provides culturally sensitive, multi-generational, community-based programs, facilities and services to underserved neighborhoods in San Francisco. In 2009, they needed financing to bridge a funding gap for a Head Start center to serve families in the Bay View/Hunters Point neighborhood. With a $150,000 construction loan from NCRF, Mission Neighborhood Centers was able to complete the $750,000 in tenant improvements for the new child development center, which now serves 34 infants, toddlers and preschoolers from low-income families in the area.

SHAR -- Macomb Facility
SHAR (Self Help Addiction Reorientation) Foundation
Warren, Michigan

The SHAR Foundation had an opportunity to purchase a facility to house a new transitional housing and substance abuse treatment program for people being released from prison in Macomb County, Michigan. The Foundation supports Self-Help Addiction Rehabilitation, Inc., which had a new contract from the Michigan Department of Corrections. NCRF provided this Detroit-based human service provider with a $250,000 working capital loan to purchase equipment, supplies and furniture, and cover any operating shortfalls in the facility’s first two years of operations. This loan created 31 permanent jobs for the first 80 clients, with another 25 jobs to be created when the facility reaches full occupancy of 165. It is expected to serve 300 people in its first full year of operations with nearly 1,000 people being served annually once full occupancy is achieved.