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Impact

Impact › A Loan on Lincoln

A Loan on Lincoln

A Loan on Lincoln

With help from a $1 million loan from the Foundation's Loan Fund, Buckelew Programs renovated a 12-unit apartment building in downtown San Rafael for its clients.

Lincoln Apartments is located near public transportation and jobs as well as Buckelew's headquarters, where residents can receive help from program staff.

At a ceremony marking the formal opening of the building, Buckelew executive director Jay Zlotnick said, "We're proud to have worked with our community partners acquire this beautiful older building in downtown San Rafael, to give it new life, and convert it to affordable housing. It's a great example of smart growth and affordable housing."

Additional funding for this project came from the City of San Rafael, County of Marin, and the California Department of Housing and Community Development Multifamily Housing Program.

Buckelew Programs is a community-based nonprofit organization that provides a continuum of services to increase self-sufficiency and enhance the quality of life for people with a mental illness in the North Bay. They have sites throughout Marin.

These services include group homes, transitional, and independent living arrangements, recovery-oriented supportive services, activities, family counseling and education, and job-training and employment placement programs.

The loan from MCF's Loan Fund is another example of how this resource is being used by local nonprofits to benefit their clients — and in the process, the entire community.

"The more I work with the MCF, the more impressed I am by the Foundation's professionalism, commitment to mission, and dedication to donor charitable intentions. MCF is an exceptional resource to our charitable community and provides much needed stewardship of donor assets. I am always very pleased to be able to refer clients to them."

Julia Sze,
CFA, Senior Investment Strategist, Wells Fargo Family Wealth Group, Member of MCF's Investment Committee, and a Donor since 2006