• detail image of project

    $687,000 in Financing to Provide Affordable Housing for Adults with Behavioral Disabilities in Low-Income Area of Palo Alto, California

Joshua Tree Home – Palo Alto, CA

Clearinghouse CDFI (CCDFI) provided a $687,100 loan to Joshua Tree Home, Inc. (JTH) for the acquisition and renovation of a residential property located in a low-income area of Palo Alto, CA.

Palo Alto is home to nearly 500 people with developmental disabilities. Of that adult population, 75% must live at home with aging parents due to lack of housing options. Financing provided by CCDFI will support the renovation of a residential property to accommodate residents with behavioral disabilities. Caregivers who specialize in assisting individuals with behavioral disabilities will be available to residents of the property 24/7.

JTH develops and manages assisted Enhanced Behavioral Support Homes through the California Community Placement Program (CPP) for developmentally disabled adults. JTH is working with Golden Gate Regional Center (GGRC) for the second time under a CPP Housing Agreement. GGRC is a nonprofit private corporation that contracts with Department of Developmental Services to coordinate services and supports for individuals with developmental disabilities.


Download the PDF: Just Funded – Joshua Tree Home, Inc

Financing Provided:
$687,100 Loan
Location:
Palo Alto, CA
Impact:
- Provides affordable housing for adults with developmental disabilities
- Offers service-enriched living environment for adults
- Provides onsite care to adults with behavioral disabilities
Purpose:
Financing for acquisition and renovation of existing residential property
Year Funded:
2021
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