Connect Capital: Coachella Valley, CA

The Coachella Valley team, co-led by regional nonprofit Lift to Rise (LTR) and Riverside County, focused on addressing rent burden (households paying more than 30% of their income in rent) by increasing the number of affordable housing units throughout nine cities and various unincorporated communities in the Valley. LTR staff and Riverside County, the core team working on Connect Capital, set a goal of building 10,000 affordable housing units. The team developed a regional housing pipeline of community-identified projects, moved forward its first batch of three affordable housing projects (500 units), and launched a $100 million Housing Catalyst Fund. During the COVID-19 pandemic, they collaborated in securing and distributing $33 million of housing assistance, helping more than 7,000 households with low incomes keep up with rent and utility bills.

Transforming investment in communities

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CCI is supported by the Robert Wood Johnson Foundation, The Kresge Foundation, JPMorgan Chase & Co, and The California Endowment.

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