We Lift
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With more than $44 million available to spur new affordable housing development, We Lift: The Coachella Valley’s Housing Catalyst Fund is revolutionizing the way affordable housing is financed in the Coachella Valley.
We Lift: The Coachella Valley’s Housing Catalyst Fund leverages capital contributions from private and public sources, as well as from community development financial institutions, to provide low-interest, flexible loans to community prioritized affordable housing projects. Loan repayments come back to the fund where they are redeployed for new projects, maximizing investment impact and accelerating the development of projects facing financing gaps.
Since its launch in 2021, the We Lift catalyst fund has committed more than $26 million in loans to spark nearly 900 new affordable units, including multi-family rentals, single-family homeownership, and Polanco parks.
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Lift to Rise and the partners in our Housing Collaborative Action Network (CAN) are committed to addressing the funding bottlenecks that occur due to the scarcity of low-income housing tax credits. To do this, we’ve set a goal of growing the We Lift catalyst fund to more than $80 million through a combination of private and public investment.
We Lift is managed in partnership with
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Watch in real time as we move towards our shared goal of producing 10,000 units of affordable housing in the Coachella Valley by 2028.
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“After about a decade of sustained housing and other social services, my life has never been better. I get to express my creativity in a way that makes a difference, and I’ve never been healthier or more stable.”
— Nicholas Snow, a resident of DAP Health affordable housing in Palm Springs, developed in partnership with the Coachella Valley Housing Coalition (CVHC). We Lift provided a loan to CVHC’s Vista Sunrise affordable housing project on the DAP Health campus that opened in 2024.