The has announced $8.35 million in financing to to support construction of a state-of-the-art campus that will offer a full continuum of integrated housing, health care, and social services for underserved clients.
Expected to be completed in late 2017, the 80,000-square-foot campus will include a health clinic run by the , temporary and permanent housing, a community room and courtyards for children, space for partner services such as employment counseling and legal advocacy, and centralized office space. The two-phase project will be financed with Low Income Housing Tax Credits, New Markets Tax Credits, private donations, and public grants. and are participating lenders in the loan.
"Our homeless neighbors are best served when supportive services, health care, and housing are integrated, providing permanent solutions to end homelessness in their lives," said L.A. Family Housing president and CEO Stephanie Klasky-Gamer. "NFF bridged a critical financing need, which allowed us to move forward with the second phase of our transformative Campus development, a regional hub that will serve thousands in our community."