Clearinghouse CDFI (CCDFI) provided a $510,000 loan to Bay Area Housing Corporation for the acquisition and rehabilitation of a residential property. The property is intended to create a specialized residential facility for adults with developmental disabilities.
Bay Area Housing Corporation addresses the critical need for safe and supportive housing tailored for adults with severe behavioral impairments. Financing provided by CCDFI will assist in purchasing a residential property and transforming it into a secure and supportive environment for its residents. Modifications will include advanced safety features tailored to the needs of individuals with significant behavioral challenges. This includes secured perimeters and specialized construction materials to ensure the safety and well-being of the residents.
Bay Area Housing Corporation is a nonprofit organization dedicated to providing high-quality, affordable housing solutions for people with intellectual and developmental disabilities in the San Francisco Bay Area. They work closely with regional centers to place residents in homes that offer a safe, nurturing home environment.
Read the full story here: Just Funded – Bay Area Housing Corporation – 24CA-7669
24CA-7669
