Paul Carney's Contact Details

Paul Carney's Company Details

Merritt Community Capital Corporation

Oakland, California, United States • 1 - 10 Employees
Investment Management

Merritt Community Capital Corporation is a mission-based non-profit that provides equity capital for affordable housing exclusively in California. We partner with mission-aligned affordable housing developers throughout the state to ensure the most critical communities are developed and/or maintained for low-income residents. Since 1989, the company has financed more than 9,000 affordable homes, and invested approximately $950 million in 22 separate funds. Merritt is the west coast member of the National Association of State and Local Equity Funds (NASLEF), providing exceptional service to investors, developers and consultants of LIHTC affordable housing properties.- Raised approximately $950 million in 22 separate funds since 1989- Financed over 9,000 units of affordable housing throughout California- Assist investors, such as banks or corporations, meet community impact and CRA investment goals- Work with highly regarded and well-respected mission-oriented CA developer sponsors