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Border Communities Capital Company, LLC
Carlsbad CACDFI Awards for Border Communities Capital Company, LLC
NMTC (2009) - $50,000,000
Border Communities Capital Company, LLC targets its products and services toward underserved communities located along the United States-Mexico border in the states of Arizona and California. Border Communities Capital makes equity investments, equity equivalent investments, and loans to real estate projects to finance land and infrastructure development, finance vertical building of office, retail, commercial, and service space. The products to be offered include primarily development and construction short-term loans and intermediate-term loans. Border Communities Capital will offer a blend of below market interest rates, longer than standard period of interest-only payments, more flexible borrower credit standards, loan loss reserves that are less than standard, non-traditional forms of collateral and other below market or non-conventional features. With this allocation, Border Communities Capital will continue providing capital and financing to projects that spur development, upgrade communities, and create services and opportunities for low-income communities and people.
NMTC (2002) - $50,000,000
BCCC will use its NMTC allocation to provide loans and equity capital investments in low-income communities located in the U.S.-Mexican Border region, particularly in the states of Arizona and California. BCCC will make loans and investments in commercial and residential real estate projects to finance land development, vertical development of office, industrial, tourist, commercial and residential development projects. BCCC believes that the NMTC Program will allow it to offer more flexible loan products, enabling it to finance projects that could not otherwise be financed.
Other Community Development Financial Institutions in California
ACCION San Diego
San Diego
Banco BuenaVentura
Oxnard
Bethany Square, LLC
Santa Monica
BEYOND THE BOTTOM LINE, LLC
San Fernando
Big Pine Paiute Tribe
Big Pine
Chevron NMTC Fund, LLC
San Franscisco
Clearinghouse CDFI, The
Lake Forest
Comunidades Federal Credit Union
Los Angeles
CT/KDF Community Development Partners, LLC
Newport Beach
El Futuro Credit Union
Porterville
Episcopal Community Federal Credit Union
Los Angeles
Faith Based Federal Credit Union
Oceanside
Genesis LA CDE, LLC
Los Angeles
Housing Trust Fund of Santa Barbara County
Santa Barbara
Impact Community Capital CDE, LLC
San Francisco
Karuk Community Loan Fund, Inc.
Happy Camp
KHC New Markets CDE, LLC
Carlsbad
LA Charter School New Markets CDE
Los Angeles
Los Angeles Development Fund
Los Angeles
Los Angeles LDC, Inc.
Los Angeles
Low Income Investment Fund
San Francisco
Lowe Economic Development Company, LLC
Los Angeles
Mission Area Federal Credit Union
San Francisco
Mission Community Bancorp
San Luis Obispo
Mission Community Bank, N.A.
San Luis Obispo
National New Markets Fund, LLC
Los Angeles
Neighborhood Bancorp
National City
New Markets Community Capital, LLC
Los Angeles
NHS Neighborhood Lending Services
Los Angeles
Northeast Community Federal Credit Union
San Francisco
Northern California Community Loan Fund
San Francisco
OneCalifornia Bancorp, Inc.
San Francisco
Opening Doors, Inc.
Sacramento
Pacific Community Ventures Investment Partners II, LLC
San Francisico
Pacific Community Ventures, Inc.
San Francisco
Pacoima Development Federal Credit Union
Lake View Terrace
Pasadena Development Corporation
Pasadena
Revolution Community Ventures, LLC
San Diego
Rural Community Assistance Corporation
West Sacramento
TELACU Community Capital
Los Angeles
Women"s Economic Ventures of Santa Barbara
Santa Barbara
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