Browsing Category Archives

Based on “Press Release”.

CCRH Releases Report on Age Friendly Banking

A new study of low-income tenants living in subsidized senior rental housing across 25 different U.S. cities – conducted by California Coalition for Rural Housing (CCRH) and National Community Reinvestment Coalition (NCRC), funded by Citi and published by the Federal Reserve Bank of San Francisco – found that older adults need more help avoiding financial abuse and fraud.

RCAC Loan Fund lends more than $5.5 million to rural communities

West Sacramento, Calif. — In the quarter ending December 31, 2014, Rural Community Assistance Corporation (RCAC) closed 20 loans totaling more than $5.5 million to assist rural communities in Alaska, Arizona, California, Idaho, Nevada, New Mexico, and Washington for community development projects.

Opportunity Finance Network (OFN) and the Citi Foundation Select Juanita Hallstrom, RCAC’s Loan Admin Manager – Lending & Housing for Prestigious Citi Leadership Program for Opportunity Finance

West Sacramento, Calif. – Opportunity Finance Network (OFN) and the Citi Foundation selected Juanita Hallstrom, loan admin manager of Rural Community Assistance Corporation’s (RCAC) Lending & Housing Department, as one of 48 community development financial institution (CDFI) professionals who will participate in the second annual Citi Leadership Program for Opportunity Finance.

USDA Investment Helps Support Homeowners Impacted by Drought

DAVIS, Calif., – Despite recent wet weather, many Californians are still suffering from the effects of the state’s drought— some even have wells that are going dry. USDA Rural Development recently provided Rural Community Assistance Corporation (RCAC) with a $254,000 grant to help low-income homeowners repair or replace their domestic wells.