Contact Director of Grants Vera de Vera today at (213) 413-4130 to learn more about this topic.

The foundation focuses on solutions that promote stable living environments for low-income families and individuals by providing them with safe, affordable places to live. It is also committed to providing low-income residents with a voice in decisions that affect their quality of life and access to neighborhood services.

Goal:

• Provide a stable living environment for low-income families and individuals by increasing the supply of and access to affordable housing in Los Angeles County

Objectives:

• Expand the availability of affordable housing in Los Angeles by supporting intermediaries and nonprofit organizations effectively engaged in producing or preserving affordable housing
• Build a supportive policy environment that promotes increased affordable housing production and preservation
• Demonstrate the effectiveness of a comprehensive community-building model that emphasizes long-term, multidisciplinary strategies to help low-income communities plan and implement coordinated, integrated, community-wide revitalization activities, with a focus on affordable housing development, resident engagement and leadership, and improvements in the delivery of services within a targeted community

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Priorities:

• Intermediaries that provide institutional capacity building and other technical assistance to nonprofit organizations engaged in affordable housing and community development
• Strong organizations (i.e., organizations with effective governance, sound financial management systems, skilled and experienced staff, etc.) with a proven track record in affordable housing development (e.g., new construction, preservation of affordable units and rehabilitation of existing units) for low-income and special needs populations (e.g., disabled, elderly, homeless, etc.)
• Policy development and advocacy efforts that promote increased affordable housing production for low-income and special needs populations
• For the community-building demonstration effort, applications will be limited to nonprofit organizations located in or providing services within the demonstration site and will be solicited through a separate RFP process.

Community Building Initiative

The El Monte Community Building Initiative (CBI) is a 10-year effort to revitalize the community by engaging residents and developing their leadership, and improving their physical environment and social services. This multi-million dollar investment will be in the form of grants and loans directed through partnerships with nonprofit groups as well as the local government in the City of El Monte. To read more about the CBI, click here.

Contact Director of Grants Vera de Vera at (213) 413-4130 for more information about this program area.

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