Our greatest dreams begin at home.
Having a stable job, a safe place to live and reliable transportation can go a long way in strengthening individuals, families and communities. Yet in Los Angeles County, one in six residents is unemployed or underemployed; rents have risen sharply over the last decade, while wages have declined 10 percent; and on any given night, nearly 60,000 residents experience homelessness, enough to fill Dodger Stadium.
CCF’s Housing program combines grantmaking, lending and advocacy to support effective housing with services for our homeless neighbors, more affordable housing and better jobs for working L.A. families. Since 2000, we have granted almost $30 million to ensure Angelenos have safe, supportive and stable homes and the economic opportunities they need to thrive.
In addressing Los Angeles’ homelessness crisis, there is no more effective tool than supportive housing, which combines long-term affordable housing with critical services such as job training, case management and health care, can drive systemic change to end our homelessness crisis. In 2016, we partnered with funders, community organizations and the City and County of Los Angeles to help enact a $5 billion public investment in fighting homelessness over the next ten years.
Through our Home L.A. Fund, we seek to leverage our dollars to help the L.A. County triple its production of supportive housing to 1,000 a year. We also created the Home L.A. Loan Fund, an innovative, no-risk charitable investment option that allows CCF donors to pool their funds to create three- to five-year loans to spur the production of housing for the chronically homeless.
But our homelessness crisis is only a symptom of our housing crisis. Rising rents and declining wages put vulnerable communities at risk and threaten our shared prosperity. To thrive, Angelenos need housing they can afford and the opportunity to support their families. We promote the preservation and production of affordable housing and support public policies that incentivize inclusion of affordable housing in every neighborhood. And through our economic opportunity work, we help low-income entrepreneurs, small businesses and nonprofits to build wealth, create jobs and revitalize their communities.
For more information, visit our housing resource library.
To join with CCF in ensuring that all Angelenos have safe and secure homes and the opportunities they need to succeed, click the button below.