The Community Corporation of Santa Monica has completed construction of The Arroyo, a new affordable housing development near the Expo Line in Downtown Santa Monica. Located at 1626 Lincoln Boulevard, the project consists of a five-story building featuring 64 apartments - including one-, two-, and three-bedroom units. Community Corp....
Affordable Housing: A Strong Institutional Investment As every MFE and AFT reader knows, the shortage of affordable housing has reached crisis levels around the country. And the following oft-cited, sobering statistic from The National Low Income Housing Coalition is worth repeating: For every 100 extremely low-income...
Ramona Griego, an 81-year-old retiree, had recently lost her husband and her diabetes wasn’t getting any better. She soon developed depression and was looking for a way to improve her situation. After looking at different available options, Griego soon turned to volunteering. According to the AARP this was...
Read the reports here: City of Los Angeles Los Angeles County Orange County Riverside County Ventura County San Bernardino County Figures outlined in these reports show the importance of supporting affordable housing on the November ballot by VOTING YES on PROPOSITION 1. The Veterans and Affordable Housing Act will help build affordable...
Check out this op-ed here, in the Santa Monica Daily press by Executive Director, Tara Barauskas, on the Myths and Truths about Affordable Housing. ...
Nearly 90% of residents reported that their housing had improved after moving into a low-income housing tax credit (LIHTC) development, according to a new study. See the full article on the Affordable Housing Finance website by clicking here. ...
Community Corp and our Executive Director Tara Barauskas were a part of a new video from the Sustainable Quality Awards. Check it out! ...
The U.S. has a shortage of 7.2 million rental homes affordable and available to extremely low income renters, whose income is at or below the poverty guideline or 30% of their area median income. Only 35 affordable and available rental homes exist for every 100 extremely...
Santa Monica community rises to meet the regional challenge with increased collaboration, tangible tools and more on-the-ground support Please click here to read the full article on santamonica.gov...
Fannie Mae’s Bob Simpson shares how the GSE is creating innovative financing for healthy homes. Click here to read the full article on Housing Finance's website....