Habitat Community Capital (HCC) is a CDFI founded in 2016 to help affordable housing organizations to build more, sooner. We do this by providing affordable financing so that organizations receive the upfront funding stream and liquidity they need to get to the work of serving their communities. We’ve grown from funding projects in our home state of California, to financing affordable housing across the western United States. As a nonprofit affiliated with Habitat for Humanity, HCC knows the challenges of funding and building affordable housing – as well as the rewards. We’re here to help organizations empower more people, families, and communities through housing.
A CDFI, or Community Development Financial Institution, provides financing catered to underserved communities, businesses, organizations, and individuals. Like other financial institutions, CDFIs offer a range of financial products from mortgages and other loans, to checking and savings accounts – along with services such as financial education, technical assistance, and capacity-building support. Unlike a typical financial institution, however, a CDFI is specifically committed to supporting economically challenged communities, leveraging its focus in this area to make smart financial decisions and mitigate default risk.
As a part of Habitat for Humanity East Bay/Silicon Valley, Habitat Community Capital (HCC) was founded in 2016 as a nonprofit lender in response to Habitat affiliates and other affordable housing developers’ increasing need for more affordable financing options.
As a certified Community Development Financial Institution (CDFI), Habitat Community Capital is the legal business name of EBSV Community Development, Inc.