Industrialized Construction Catalyst Fund (ICCF)

A specialized loan fund designed to overcome financing barriers that prevent wider adoption of industrialized construction in affordable housing development. The fund makes short-term loans to cover critical early-stage costs.

Geographic Scope: California

Focus Areas:

• Industrialized construction (factory production methods for housing)
• Early-stage financing for factory deposits and production commitments
• Enabling developers to realize full cost and schedule benefits of industrialized construction

Key Benefits of Industrialized Construction:

• 10-50% faster construction timelines
• 10-40% below cost of traditional construction
• Example: Tahanan Supportive Housing achieved 41% cost and time savings compared to similar new construction PSH projects (per California Housing Partnership Corporation and Urban Institute study)

Financing Model:

• Short-term loans to cover critical early costs
• Enable factory deposits ahead of permanent financing commitments

Development: Created with assistance from:

• U.C. Berkeley's Terner Center for Housing Innovation
• Gray Impact Consulting
• Based on 100+ hours of interviews with developers, architects, contractors, and factories

Address: 564 Market St, Suite 225, San Francisco CA 94104

Application Information

Required Materials:

• ICCF Term Sheet (available for review)

Application Process:
Specific application procedures not detailed in available materials. Review term sheet for loan product specifications and eligibility requirements.