The We Lift Catalyst Fund kickstarts affordable housing across Riverside County
The Fund gives affordable housing projects the reliable finances they need to start building, so local projects can move faster and more families can find stable homes.
Impact
The proof is in the numbers
Ours is one of the most transformative funding programs in the region dedicated to affordable housing.
$45 million+
In loans delivered
1,500+
Affordable homes created
4,500+
People housed
A smarter fit
The old funding playbook doesn’t work everywhere, so we built one that works here.
In California, state and federal funding is often designed around coastal and urban areas—so affordable housing projects in Riverside County’s spread-out and rural communities get overlooked by traditional financial programs.
The We Lift Catalyst Fund was built specifically to support housing in our region, so communities get the homes they need and developers get the right support to build them.
The We Lift Catalyst Fund is one of the only housing catalyst funds in the country where local residents get a say in which housing gets financed before any paperwork is signed.
No one knows what each community needs better than the people who live there.
Our approach is straightforward, whether we’re supporting a small mobile home community or a major housing development.
1. Find the gap
We find strong housing projects with holes in their funding that are holding them back.
2. Close the gap
We offer developers low-interest, flexible loans to get their projects from “shovel-ready” to “move-in ready.”
3. Fund the next one
Repaid loans go into the next project through our revolving model, so every dollar works harder.
Projects
See the Fund at work
First apartments. Senior living. Mobile homes. Farmworker housing. Across Riverside County, people are moving into homes backed by the We Lift Catalyst Fund. See how these projects came together.
With $11,560,000 in loans, the We Lift Catalyst Fund helped bring the West Hollywood Community Housing Corporation from pre-development to construction on a new Palm Springs affordable housing…
With $3 million in predevelopment loans, the We Lift Catalyst Fund helped the Coachella Valley Housing Coalition (CVHC) jumpstart construction on two new affordable housing communities for seniors…
With an $11,279,693 construction loan, the We Lift Catalyst Fund helped Abode Communities move forward on Villa Verde, bringing affordable and supportive homes to Coachella.
With a $1.5 million predevelopment loan, the We Lift Catalyst Fund helped American Neighborhood Housing clear the last hurdle to get started on hundreds of new affordable family…