The properties we build reflect our commitment to public/private partnerships, along with project quality and performance, and are key in securing financing for future developments. A long-term, thoughtfully formulated business strategy resonates with potential funding sources in public agencies as well as banks, private investors and other debt and equity sources that can provide the capital necessary fore future projects and diversification activities.
A rigorous set of policies and procedures ensures that as we expand, all aspects of our work continue to reflect our fierce commitment to quality. Jamboree maintains a critical balance between community impact and sound fiscal policy.
Innovative Funding Strategies
Our success in winning competitive allocations of scarce low-income tax credits through the California Tax Credit Allocation Committee (TCAC), coupled with attracting top tax credit investors is significant. As a General Partner of Jamboree’s projects, we qualify for the maximum allowable experience points when competing for tax credits from TCAC.
Our in-depth expertise brings together a nexus of funding sources allocated from the California Debt Limit Allocation Committee (CDLAC), Federal Home Loan Bank (FHLB), U.S. Department of Housing and Urban Development (HUD), California Department of Housing and Community Development (HCD), along with conventional construction and permanent loans, and other local, state and federal grants and financing.
Jamboree has expertly navigated the current climate of scarce resources to obtain funds from the Home Investment Partnership Program, the Neighborhood Stabilization Program, the Community Development Block Grant, Continuum of Care, and the Mental Health Services Act. We credit this success to our strong, trusted partnerships that ultimately create a superior development that attracts necessary funding.