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
Provides a temporary crisis shelter and services for 6 youth aged 12-17 in Child Protective Services
Financing for purchase of single-family rental property for to accommodate children with urgent shelter needs
