Community Vision Capital and Consulting

Capital solutions: since 1987, Community Vision has made 654 loans totaling $322 million to nonprofits and social enterprises serving disinvested communities in northern and central California, leveraging over $1.9 billion in additional project funding. These loans have helped create or preserve 8,007 affordable housing units for low-income families and individuals, and financed over 4.9 million square feet of neighborhood-serving commercial and residential space. These loans have also helped create or preserve 24,446 permanent and construction jobs, and helped finance projects by organizations that serve over 1.8 million individuals. At the end of fy23, Community Vision managed a portfolio of 105 loans worth $85 million to 87 organizations. During fy23, Community Vision closed 34 loans totaling $39 million.

Communications and impact: Community Vision conducts ongoing evaluation of programs and initiatives. We develop and distribute information about our programs both internally and externally via multiple channels.

Real estate solutions (res): since the inception of our Consulting & training program, Community Vision has provided 1,163 real estate and financial management Consulting engagements and served 5,519 organizations through workshops on these topics. During fy23, the program completed 63 Consulting engagements, and reached over 219 organizations through 15 workshops. Res also manages the calcore program, a five-year state-wide initiative that brings together cohorts of community-based developers, with a focus on black, indigenous, people of color-led (bipoc) real estate organizations, particularly Community development corporations (cdcs) and Community land trusts (clts).

Capitalization: Community Vision was founded by Community residents as a vehicle to channel Capital from socially responsible and mission motivated investors to projects that benefit low income people. We provide education on sustainable, socially responsible investing. At the end of fy2023 investments made by over 300 banks, foundations, individuals, religious organizations, nonprofit organizations and hospital systems into our revolving loan fund totaled $81 million.new markets tax credit: Community Vision has received a total of $212 million in new markets tax credit (nmtc) allocation for use in our northern and central California service area. We highly leverage and invest tax credit Capital in high impact businesses and nonprofits in qualifying low-income communities, creating jobs and spurring additional economic development. Our nmtc program has helped to create or preserve 5,637 jobs, created 1,038,826 square feet of Community facility space, helped to develop 84 units of affordable housing and leveraged an additional $340 million in private investment. Over 962,000 individuals across 8 counties spanning northern and central California will be served by the projects developed using these funds.