Union Bank Community Development Finance makes loans and investments in affordable housing throughout the United States. Its developments serve low- to moderate- income populations, providing housing and services for working families and individuals with special needs such as farmworkers, the homeless, and seniors.
Founded in 1995 out of Union Bank’s Walnut Creek office, Community Development Finance has a staff of more than twenty five with offices in Northern and Southern California, and Seattle, Washington. Since its founding, Union Bank Community Development Finance has provided more than $3 billion in financing for affordable housing, resulting in more than 25,000 units. In a typical year, Community Development Finance makes more than $500 million in loans and investments, creating 50 new communities.