Staff & Board

Mark Rasmussen

President

Since 1998, Mark has led the loan origination and business development team as the Executive Vice President and Chief Lending Officer at The California Community Reinvestment Corporation.  He was the point person for developers and financing partners in the evaluation of new opportunities for financing affordable housing throughout California. He and his team, under Mark’s leadership are responsible for the origination of $2.6 billion in affordable housing from the taxable and tax-exempt loans involving over 50,000 housing units throughout California. Mark has 35 years of experience in commercial real estate finance with extensive experience and diverse skills in leadership, problem-solving, negotiating, and marketing. 

Prior to CCRC, he led the loan workout and real estate departments at Great Western Bank.  He has a Master of Science degree in Real Estate, Appraisal, and Investment Analysis from the University of Wisconsin – Madison, along with a bachelor’s degree in business administration, real estate, and urban planning, as well as marketing. He takes pride in having studied under and being mentored by Dr. James A. Graaskamp at UW.

Although leaving CCRC in March 2024, Mark continues to find and implement solutions for California’s affordable housing shortage.