Affirmed Housing & PATH Ventures recently celebrated the opening of Vermont Villas, providing 79 homeless and at-risk Veterans and Senior Citizens the stable housing and support services they need thrive. Supportive housing is a critical tool in ending homelessness especially among our Veterans and those with critical health needs. CSH provided a $1.8 million loan to fund predevelopment activities and land acquisition costs related to the construction the project which is located in the Gardena section of Los Angeles.
In addition to CSH’s loan, Vermont Villas received funding from Los Angeles Housing and Community Investment Department, the Federal Home Loan Bank of San Francisco and
9% Federal Low Income Housing Tax Credits.
(photo courtesy of the 15th Council District)