Jan 12 2013

Rebuilding Crescent City Harbor

Crescent City is rebuilding its harbor following the devastating 2011 tsunami. RCAC’s short-term $3.7 million gap loan and $8.1 million revolving line of credit keep the project afloat between federal and state disaster funding disbursements.

Repairing the harbor, a major commercial fishing port for both Del Norte County and Northern California, is urgent in a county with 13.5 percent unemployment and a median household income of $20,133. Two hundred jobs depend directly on harbor facilities, and another 100 jobs indirectly. RCAC financing is critical to restoring the local fishing and tourism industries.

Produced and Edited by Jeremy Raff
Music by Zacharias Flynn

 

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