
Richard K. Davis, Chairman, President and CEO of US Bank, Jamboree's long standing partner, spoke at Cal State Fullerton's 2012 Economic Forecast. He inspired us to face the region's challenging economy by turning our "fear into courage, loss of faith into belief and uncertainty into preparation."
Recently, US Bank generously provided Jamboree $750,000 through their Patient Loan Program Investment. This, along with previous investments of $2 million of predevelopment funding, grants for operating support, being our premier construction and permanent lender, and sponsoring our events, solidifies our continued commitment to our relationship with US Bank.
Over the past decade, Jamboree and US Bank have developed a successful partnership starting with the construction loan for our first new construction project, Mendocino at Talega in 2003. Since then, US Bank has provided financial support to 19 additional Jamboree communities throughout the state of California which has provided 1,807 families with housing they can afford.
Fear, loss of faith and uncertainty are unfamiliar words to us. Courage, belief and preparation is what changes lives and keeps our mission moving forward. Financial support from partners such as US Bank trickles down to the families who will celebrate this holiday season in the homes Jamboree develops.