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Based on “Press Release”.

RCAC Loan Fund scores high performance rating

West Sacramento, Calif. — Rural Community Assistance Corporation (RCAC) recently received an AAA+2 performance rating, which places it in a select group of high achieving Community Development Financial Institutions (CDFIs).

RCAC Loan Fund lends more than $9.79 million to rural communities

West Sacramento, Calif. — In the quarter ending March 31, 2015, Rural Community Assistance Corporation (RCAC) closed 14 loans totaling more than $9.79 million to assist rural communities in California, Hawaii, Idaho and Washington for community development projects.

New NLIHC Report on Affordable Housing Gap Released

Nearly one-quarter of all renters in the United States have income at or below 30% of the area median income, and three-quarters of these extremely low income renters are forced to spend more than half of their income on the cost of rent and utilities due to the ongoing shortage of affordable housing.