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    $268k in Financing Provides Temporary Crisis Shelter for Neglected Albuquerque Youth

  • detail image of project

    $268k in Financing Provides Temporary Crisis Shelter for Neglected Albuquerque Youth

  • detail image of project

    $268k in Financing Provides Temporary Crisis Shelter for Neglected Albuquerque Youth

  • detail image of project

    $268k in Financing Provides Temporary Crisis Shelter for Neglected Albuquerque Youth

  • detail image of project

    $268k in Financing Provides Temporary Crisis Shelter for Neglected Albuquerque Youth

  • detail image of project

    $268k in Financing Provides Temporary Crisis Shelter for Neglected Albuquerque Youth

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Youth Development, Inc – Summer House

Clearinghouse CDFI (CCDFI) is pleased to continue working with Youth Development, Inc (YDI) to support the children of Albuquerque. With a $268,000 loan provided by CCDFI, YDI is acquiring a single-family home to be used as a temporary shelter for children in crisis.

In 2020, New Mexico had an estimated 4,177 children in out-of-home care with a significant proportion requiring temporary shelter due to abuse or neglect. To address this issue, Youth Development, Inc. is providing a temporary crisis shelter in Albuquerque. CCDFI has provided $286,000 in financing to YDI to acquire a 3-bedroom, 2-bath single-family residence with a 2-car garage, which will be converted into office-storage space. YDI will use this property to provide crisis shelter for youth aged 12-17 who are in the custody of the Children, Youth and Families Department of Child Protective Services.

Youth Development Inc is a non-profit organization based in Albuquerque, New Mexico that offers education, career development, health and wellness, and community engagement programs for children, youth, and families. Founded in 1971, YDI operates throughout New Mexico with after-school programs, job training, behavioral health services, and more.

Read the full story here: Youth Development Inc – Summer House

Youth Development, Inc. is pleased to partner with the New Mexico Children, Youth and Families Department (CYFD) to provide a residential, crisis stabilization program for youth age 12-17 through our Summer House program. Newly established, this program will serve youth that need a small, intensively supervised milieu setting as they await placement in a longer term setting. The program is designed to serve no more than 6 youth at a time. YDI is so appreciative of Clearinghouse CDFI’s support in helping us acquire this facility to establish this critically needed program.
- Diana Lopez, LPCC, Vice President, Prevention, Intervention and Behavioral Health
Financing Provided:
$268,000
Location:
Albuquerque, NM
Impact:
Provides a temporary crisis shelter and services for 6 youth aged 12-17 in Child Protective Services
Purpose:
Financing for purchase of single-family rental property for to accommodate children with urgent shelter needs
Year Funded:
2022
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