Historically, California has funded privately contracted, for-profit service providers to develop and operate group homes for individuals with developmental disabilities. However, this can leave these ‘community care facilities’ at risk of closure if an operator retires or goes out of business. With the closure of several of the state’s developmental centers and the relocation of […]
Way Finders is building a new 32,780 SF state-of-the-art integrated housing center in Springfield, MA. Way Finders is a nonprofit organization with a 40-year history in facilitating access to housing and homeownership in Western Massachusetts and provides a wide range of services to tenants, homebuyers, homeowners and rental property owners. Once open in early 2020, […]
New Mexico’s Homewise Inc. received funding to invest in one of Santa Fe’s distressed areas. The New Markets Tax Credit allocated $5 million to rehabilitated the Siler Road and Agua Fria area in Santa Fe. The area was determined a “severely distressed census tract,” and with the funding and the investment, there will be more […]
Construction of affordable, for sale housing.
Housing Channel, a local nonprofit developer, used its $5M allocation to implement a housing development program in collaboration with the City of Arlington and for-profit program partners to revitalize the designated East Arlington Promise Zone (EAPZ). The EAPZ has the highest unemployment rates, lowest literacy rates, highest number of public benefit recipients, and the lowest […]
Excerpt from a post by Neighborworks Capital For 44 years, CDC of Brownsville (CDCB) has developed and invested in affordable single-family homes in Brownsville, Texas, which persistently has some of the highest poverty rates in the nation. One-third of Brownsville’s residents live below the federal poverty line. In the rural areas, 90% of residents live […]
Moab Area Community Land Trust is sponsoring the construction of subdivision infrastructure (streets, sidewalks, curbs, sewer and water lines, gas and electrical and storm water drainage) to support the development of up to 300 affordable housing units. Once infrastructure is completed, lots will be leased to developers to construct homes in a variety of densities […]
Supportive services facility for the homeless families in the San Fernando Valley. LAFH is a unique provider because its supportive services and real estate development address the full continuum of care for homeless and low-income households, from temporary housing to permanent rental housing, all linked to supportive services. The project includes a federally qualified health […]