Meg Babakhanian's Contact Details

Meg Babakhanian's Company Details

California Community Reinvestment Corporation

Glendale, CA, US • 20 - 49 Employees
Real Estate

CCRC was founded in 1989 with a goal of responding to California's statewide affordable housing crisis. To this day, we continue to make a difference by collaborating with developers and the public sector across the state, facilitating private capital flow from our investors.Dedicated to improving outcomes for low-income families, seniors and residents with special needs, we provide access to capital that allows individuals to live, work and raise their families in communities throughout California, creating a more economically diverse and stable statewide economy. This includes programs from the Bridging the Divide initiative, which has three branches: education, digital and workforce. We subscribe to a housing-first model, where better housing means a better life, and we have funded more than $2.15 billion in loans, financing more than 49,000 rental homes for individuals and families earning 60% or less of the area median income. Providing this access to capital allows individuals to live, work and raise their families in communities throughout California, creating a more economically diverse and stable statewide economy.