Blockchain Registration Transaction Record
CCRC Makes History with First CDFI Securitization in Municipal Market
CCRC becomes first CDFI to securitize tax-exempt loans in the municipal market, closing $114M deal to recycle capital for affordable housing in California.
This news matters because it demonstrates a new, scalable model for CDFIs to recycle capital and accelerate affordable housing lending. By accessing the municipal market, CCRC can replenish its funding faster, enabling more loans for developers building homes for low-income families, seniors, and veterans. This innovation could inspire other CDFIs to follow suit, potentially unlocking billions in new capital for affordable housing nationwide.
| Blockchain | Details |
|---|---|
| Contract Address | 0xeA2912a8DA1CD48401b10cB283585874d98098F4 |
| Transaction ID | 0x8c56c9c8da64c6f781b549b4ce00b6d821ea3fc360d1eb9ee772c04f2c80d0fa |
| Account | 0xdBdE7c76e403a5923F3dD4F050Dbbf5c2077BB20 |
| Chain | polygon-main |
| NewsRamp Digital Fingerprint | fernlKIP-f53f7f549e64cb2389d868997a8caae5 |