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Member Announcement

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

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.

Golden State Acquisition Fund Loan for the Purchase and Rehabilitation of Affordable Senior Housing

The California Department of Housing and Community Development Announces Golden State Acquisition Fund Loan for the Purchase and Rehabilitation of Affordable Senior Housing

State Funded Discounts for Advanced Communication Services

The California Teleconnect Fund is a program of the California Public Utilities Commission that provides a 50% discount on advanced communication services to qualified non-profits.

The purpose of the program is to facilitate access to more advanced communications through a discounted rate.

For more information on the program, to request an in person presentation or for application assistance:

Visit the CTF Program website: www.CTFProgram.org

Contact the CTF Help Desk at (866) 742-8587

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