Clifford Beers Housing

$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 allowed the nonprofit to continue to develop housing for special needs and homeless individuals.

Financing Provided:
$784,000 Loan
Location:
North Hollywood, CA
Impact:
To date, CBH has developed over 448 affordable homes.
Purpose:
Acquire and rehabilitate a property that will serve as the organization’s headquarters.
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