On August 15, the Center for American Progress (CAP), which has been an instrumental catalyst for many of the Obama Administration's policy initiatives, hosted a forum titled “Home for Good: It’s Time to Talk about Housing” to identify key issues in the ongoing housing crisis and discuss potential solutions.
A new online service allows people to map low-income housing tax credit (LIHTC) properties placed in service between 1987 and 2009. The free program was created by Novogradac and Company, and draws upon Department of Housing and Urban Development data of 33,000 LIHTC properties and almost 2,203,000 housing units. The data may be searched by city, county, Congressional district, state legislative district, and Census tract. Link here.
(Los Angeles, CA – 07/27/2012) – Menorah Housing Foundation today received a 2012 MetLife Foundation Award for Excellence in Affordable Housing for its work with Long Beach Senior Housing in Long Beach, CA. Presented by Enterprise Community Partners, Inc., and MetLife Foundation, the award honors Menorah Housing Foundation’s outstanding leadership, innovation, effectiveness and quality operations and services in the area of affordable senior housing. The award also recognizes the organization for successfully incorporating green components in their housing.
Hollywood for so long has been thought of as the heart of the film industry that it is hard to imagine the actual place as anything but glamorous. However, 20 years ago there wasn’t a shred of glamour left on the streets of Hollywood: Most of the big studios had left by the 1960s, the department store and nicer shops had been replaced with trashy lingerie outlets, t-shirt stands, and seedy clubs and bars dotted the neighborhood — leaving tourists to wonder where the legendary Hollywood had gone.
LOS ANGELES, CA, July 10, 2012 – Merritt Community Capital Corp. has opened a Southern California office in downtown Los Angeles. Merritt is based in Oakland, California and is the only California-focused nonprofit housing credit syndicator in the state. Since 1998, Merritt has invested in 11 affordable housing properties in Southern California creating or preserving nearly 700 units of affordable housing across six Southern California counties.
Laura Whittall-Scherfee has been appointed by Governor Jerry Brown to serve as the Deputy Director of Financial Assistance at the Department of Housing and Community Development (HCD). Whittall-Scherfee has over twenty-five years of experience in commercial, multifamily and residential mortgage lending, program development and program management.
The State of California is interested in knowing whether you are interested in accessing federal Department of Housing and Urban Development (HUD) Section 811 rental assistance funding for rental housing developments you have under development, or own.
For nearly twenty years, the City of Industry redevelopment funds have been an engine of affordable housing growth in the County of Los Angeles. Since the program began, over $193 million in Industry Funds have leveraged over $1.6 billion from other funding sources to help create over 6,500 units of affordable housing throughout Los Angeles County. Now, that record of success is threatened.
UNIDAD Coalition proudly announces the availability of grant funds through a newly established Affordable Housing Grant Program. This program offers grants to 501(c)(3) nonprofits engaged in developing affordable housing units in South Los Angeles. The grant funds are aimed at supporting nonprofits who are working to address the housing needs of low-income tenants by proving readily available capital for projects that will result in the development of new, or the preservation of existing, affordable housing opportunities.
(from Memo to Members of the NLIHC) A study recently released by HUD website demonstrates a positive correlation between rent burden and the incidence of disabilities among respondents to HUD’s American Housing Survey (AHS). The study was initiated because, for the first time, the AHS included the same six questions regarding disabilities that are used in the American Community Survey (ACS), the Current Population Survey (CPS), and the Survey of Income and Program Participation (SIPP).