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PIPELINE NEWS

AWARDS

$50 Million in NMTC

The U.S. Treasury Community Development Financial Institutions Fund has awarded $50 million in New Markets Tax Credit to CSH as part of the federal government’s 2017 allocations. With this opportunity, CSH can leverage more resources to drive supportive housing projects, leading to new jobs and economic development in the most economically distressed neighborhoods.

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ACCOMPLISHMENTS

LA Just in Reach

Los Angeles County has launched Just in Reach (JIR), a new health-based housing program to reduce jail recidivism and help end homelessness among people experiencing repeat jail stays. JIR will place 300 homeless individuals released from the County jail into supportive housing and provide mental health and/or substance-use disorder services.

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