What is flexible funding?
Money designed to work how and when it’s needed
Where traditional funding falls short
Affordable housing projects in the Coachella Valley and Riverside County often face a funding system built for regions that look very different from ours.
Many major state and federal programs are meant for projects near dense public transit, urban centers, and infrastructure that can be hard or even impossible to sustain in our region’s rural, spread-out, or unincorporated communities.
As a result, thousands of crucial affordable homes across the county sit on hold for months or even years while developers work to apply for funding programs that weren’t designed for them.
Where flexible funding comes in
The We Lift Catalyst Fund uses flexible funding—or flexible loans—as multipurpose loans that can be tailored to fit a project’s needs.
That matters in Riverside County, where countless strong local projects don’t qualify for state or federal funds because the rules were designed with other regions in mind.
Even when projects do secure major funding, flexible loans can still make an impact. Traditional funds come with strict guidelines around how and when money can be used, leaving some expenses unaccounted for during key stages like predevelopment, acquisition, construction.
Flexible loans help make up the difference, working however and whenever developers need them.
