Bellaire Downtown
Bellaire Downtown is a 212 unit single room occupancy (SRO) building located in a blighted area of Los Angeles. The building provides an economical, secure housing option for the local community.
Clearinghouse CDFI provided $3.54 million to finance renovations, including the conversion of 10 rooms into residential units and installation of a ground floor restroom and a working elevator.
Financing Provided:
$3.54 Million Loan
Location:
Los Angeles, CA
Impact:
212 unit single room occupancy (SRO) building providing an economical, secure housing
option for the local community
Purpose:
Affordable Housing in Severely Distressed Community
Year Funded:
2014
