• detail image of project

    $740K for Single-Family Home that Provides Service-Enriched Living Environment for Low-Income, Hearing-Impaired Adults

Bay Area Housing Corporation – Newark, CA

Clearinghouse CDFI (CCDFI) is supporting the purchase of a single-family home for developmentally disabled individuals. With a $740,000 CCDFI loan, Bay Area Housing Corporation (BAHC) acquired and rehabilitated a residence that provides a service-enriched living environment in a home-like setting to low-income, hearing-impaired adults.

According to a report by the California Council on Developmental Disabilities, the state of California is falling short by nearly 100,000 units to meet the housing needs of low-income developmentally disabled individuals. BAHC is taking action to address this issue in the Bay Area by providing affordable living spaces. In Newark, California, BAHC is using financing from CCDFI to purchase and renovate a single-family home to provide Enhanced Behavioral Support to four residents who require 24-hour-non-medical care in a home-like environment. The home will be staffed and equipped with delayed egress devices and secured perimeters to meet the individual needs of the residents.

Bay Area Housing Corporation is a non-profit organization that provides affordable housing opportunities to low- and moderate-income families in the Bay Area. They acquire, adapt, and manage quality homes specifically modified for people with intellectual and developmental disabilities.

Read the full story here: Just Funded – Bay Area Housing Corporation – 2022

Financing Provided:
Newark, CA
Provides a service-enriched living environment for 4 low-income, hearing-impaired adults with developmental disabilities
Acquisition and rehabilitation of single-family home to be used as an enhanced behavioral support home for developmentally disabled adults
Year Funded:
Read more stories