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Member Announcement

LA County NOFA Round 19 (October 2013)

This bulletin is being issued to inform you of preliminary program criteria for Notice of Funding Availability (NOFA) Round 19, to be issued in October 2013. This information is intended to assist potential applicants in their project development planning; however, these are preliminary criteria and are subject to change or further refinement. Click here for NOFA Bulletin 2013-1 released on July 3, 2013.

1. Attached are redlined Draft Design Criteria.

Thank You for Attending Our August 14 Workshop

Thank you for attending A Developers Forum featuring Bill Pavao, CTAC Executive Director this Wednesday, August 14th in downtown Los Angeles. Thank you to Andy Mannle and Promise Energy for cosponsoring. And thank you once again to our presenters Bill Pavao and Blanca de la Cruz (Sustainable Development Initiatives Coordinater with LA CDC), and to all our panelists:  John "Fletch" LaLanne (Preservation Partners), Tim Kohut (Collaborative Project Consulting), Kelly Sand (Icon Builders), and Dana Trujillo (Skid Row Housing Trust).

Gloria Molina Announces $63 Million Affordable Housing Trust Fund

(Special thanks to the LA County Board of Supervisors Public Affairs Office) Los Angeles County Supervisor Gloria Molina announced today the official creation of a $63 million affordable housing trust fund using remaining dollars from now-defunct Community Redevelopment Agencies which previously had been dedicated to creating low- and moderate-income housing.  Molina’s motion – co-authored by Supervisor Mark Ridley-Thomas – is part of the county’s $25 billion Fiscal Year 2013-2014 budget, which was formally voted upon today.

CCFO Update (City of Los Angeles)

(Special Thanks to Greg Spiegel, Inner City Law Center) As you recall, on January 30th, our collected efforts to fight the proposed Community Care Facilities ordinance succeeded and we prevented it from passing.  Since that time, much around City Hall has changed – there is a new mayor, seven new council members and a new city attorney.  Mayor Garcetti has already restated his opposition to the CCFO (http://argonautnews.com/garcetti-receives-warm-westside-welcome/) as have several new council members. 

Canby Woods Opens in Reseda

Exactly two years after a smashing groundbreaking ceremony, Los Angeles City Councilman Dennis Zine returned to Reseda to unveil Canby Woods, the latest affordable housing wonder developed by Thomas Safran & Associates. Like their previous Del Rey Square, the project includes landscaped gardens and outdoor sitting areas and warmly decorated interiors which, this time, will house 98 low-income seniors.

California State Assembly Reconvenes

After a month-long summer recess, the Assembly returned to Sacramento on Monday, August 5th.

For the first time in more than 50 years, however, the Senate is on a different schedule, returning next Monday, and that’s when the final month’s action really kicks into gear.

With a September 13th deadline to get bills to the governor (or have them turn into two-year bills), the Assembly has 20 policy committee hearings -- and a huge appropriations committee agenda -- next week.

HUD's New HOME Regulations

HUD has just released the new HOME regulations.


LA City Authorizes 2013 NOFA from the Affordable Housing Trust Fund (AHTF)

At the April 16 LA City Council meeting, LAHD received authority to issue the 2013 NOFA from the Affordable Housing Trust Fund (AHTF), making $18 million available in City funds for the development of permanent supportive housing for the chronically homeless.

Request for Qualifications (RFQ) Corporate Broker/Real Estate Agent

Request for Qualifications (RFQ)

Restore Neighborhoods LA (RNLA) is a not-for-profit corporation established to acquire, rehabilitate and sell foreclosed and abandoned single family and multi-unit residential properties in South Los Angeles and the San Fernando Valley as part of the Neighborhood Stabilization Program.

Merritt Community Capital Corporation Helps Preserve Affordable Housing Properties in California

Merritt Community Capital Corp. has recently closed its $65 million Multi-Investor Fund XV, its second largest fund. Given the need to preserve existing units of affordable housing in California, there are, in Merritt's Fund XV, twelve acquisition rehab properties. As such, 702 units of affordable housing will be preserved statewide. Merritt's key developer partners in this current fund are Peoples' Self Help Housing, PEP Housing, Christian Church Homes of Northern California, EAH, Mercy Housing, Deep Green Housing, Housing Authority of Santa Clara County, Eden Housing, and Terra Corp.


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