june, 2019

11jun11:30 am12:30 pmAffordable Housing Financing Tools for the Bay Area

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Event Details

Please join the Mayor of Oakland, Libby Schaaf, and Capital Impact Partners for an overview of Capital Impact’s participation in the Investment Fund of the Partnership for the Bay’s Future, a $500 million initiative aimed at producing and preserving affordable housing in the San Francisco Bay Area.

In an effort to support mission-driven developers in addressing the Bay Area’s affordable housing crisis, Capital Impact is one of three partners offering a variety of flexible and low-cost loan products through Investment Fund of the Partnership for the Bay’s Future. The Fund is led by the Local Initiatives Support Corporation (LISC).

Watch this video Featuring Libby Schaaf and San Jose Mayor Sam Liccardo about the Fund.

Come and learn more about how nonprofit and for-profit developers, community organizations, and faith-based organizations can use these financing products to expand affordable housing for communities.

The Partnership was created to address critical housing needs, prevent displacement, and support racial and economic inclusion across the Bay Area. Within the Investment Fund of the Partnership, Capital Impact committed $50 million to the Regional Housing Flexible Fund; LISC also committed $50 million, and the Corporation for Supportive Housing (CSH) committed $10 million.

Launched by the Chan Zuckerberg Initiative, along with the San Francisco Foundation, Ford Foundation, and LISC, The Partnership is demonstrating innovation to advance meaningful change, developing creative, community based solutions that can be replicated and scaled within the Bay Area and beyond.

Keynote Speaker: Oakland Mayor Libby Schaaf

Light lunch will be provided.

Location: Oakland City Hall, Hearing Room 4

Capital Impact will also be available for inquiries at Bay Area Affordable Housing Week events.

For more information, contact Fathia Macauley at fmacauley@capitalimpact.org.


Event Materials

Regional Housing Flexible Fund Product Summary

 

Time

(Tuesday) 11:30 am - 12:30 pm PDT

Location

Oakland City Hall

1 Frank H. Ogawa Plaza, Hearing Room 4

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