Affordable Housing Managed Pipeline
The Affordable Housing Managed Pipeline creates affordable rental housing for low and very low income households by making long-term loans for new construction or for the rehabilitation of existing residential structures through an open competitive Notice of Funding Availability process.
The Proposition HHH Supportive Housing Loan Program is funded by Proposition HHH (Prop HHH), approved by city voters in 2016.
Municipal Bond Finance
The City of Los Angeles, through the Los Angeles Housing + Community Investment Department (HCIDLA), acts as the primary issuer of tax-exempt and taxable multi-family housing bonds for qualified developments located in the City of Los Angeles.
Public Land Development
In November of 2012, after the dissolution of the Community Redevelopment Agency of Los Angeles (CRA/LA), the Housing and Community Investment Department of Los Angeles (HCIDLA) created the Land Development Unit (LDU) to implement the development of affordable housing on land purchased by the CRA/LA for affordable housing.
Acquisition / Predevelopment (NGF and SHLF)
Los Angeles Housing + Community Investment Department (HCIDLA) has partnered with the Enterprise Community Partners to develop the $200 million New Generation Fund (NGF).
HCIDLA has partnered with Corporation for Supportive Housing to create the Supportive Housing Loan Program (SHLF) providing acquisition/ predevelopment funds for supportive housing developments.