Habitat for Humanity
Habitat for Humanity partners with families and individuals in a homeownership program to build simple and affordable housing in the local communities they serve. First Republic has established strong partnerships with 10 Habitat for Humanity affiliates, such as Habitat for Humanity East Bay/Silicon Valley, across the Bank’s footprint. Through purchasing and direct funding of Habitat home loans, we provide capital to enable the affiliates to build affordable homes for low-income, first-time homebuyers. Since 2011, First Republic has funded $76 million in home loans, helping 332 low-income families to achieve their dreams of homeownership.
Bay’s Future Fund
The Bay’s Future Fund seeks to address the Bay Area’s affordable housing crisis through a three-pronged strategy — production, preservation and protection. The Fund is part of the Partnership for the Bay’s Future, a multisector initiative involving a broad array of stakeholders who are committed to addressing the severe lack of affordable housing in the region. Partners and funders include corporations, foundations, government agencies and community organizations who share a common vision to create and maintain vibrant, inclusive communities of racial and economic diversity.
California Rebuilding Fund
The California Rebuilding Fund is a public-private partnership that drives capital to Community Development Financial Institutions (CDFIs) to stimulate economic growth by supporting entrepreneurs and small businesses. The CDFI lenders will offer standardized loans up to $100,000 with affordable and flexible terms. These loans are intended to support businesses that are adapting their business to operate safely in a post-COVID economy. First Republic is committed to helping the small businesses in our communities and is one of two banks to initially fund this effort.