$784,000 Loan Benefits a Nonprofit Providing Special Needs Housing
Clifford Beers Housing (CBH) is a nonprofit organization with a mission to develop affordable, supportive housing for those experiencing mental illness and homelessness. CBH also provides these individuals with mental health services, job assistance, and financial counseling.
Clearinghouse CDFI provided $784,000 in financing for CBH to acquire and rehabilitate a property that will serve as the organization’s headquarters.
CBH’s new headquarters will allow the nonprofit to continue to develop housing for special needs and homeless individuals. To date, CBH has developed over 448 affordable homes.