Congratulations to Hollywood Community Housing Corporation on their newest project: Casa de la Luz, located in East Los Angeles. This property will provide housing for 93 low-income households, including 40 units reserved for those who are homeless with special needs, and will be a new construction LIHTC project.
“We are happy to have reached this critical milestone to start construction on Casa de la Luz, which will provide desperately-needed housing for over 90 low-income households. We’re looking forward to seeing how this property helps East Los Angeles continue to thrive,” says Sarah Letts, Executive Director at Hollywood Community Housing.
Thank you to our partners at First Citizens Bank, Citi, the California Department of Housing & Community Development, and the County of Los Angeles for making this project possible.
About Merritt Community Capital Corporation
Merritt Community Capital Corporation is a mission-oriented affordable housing funder that serves the state of California. For more than 35 years, Merritt has been a trusted partner, investing more than $1.6 billion and creating over 12,000 affordable homes across California. Beyond investing in properties, Merritt invests in people. Through its Commitment to California initiative (C2C), Merritt proudly spearheads programs across the state that attract, train, and retain current and future affordable housers.
Merritt is also the west coast member of the National Association of State and Local Equity Funds (NASLEF), which empowers locally engaged, mission-driven housing and community investment partners to build thriving communities. By partnering with mission-aligned organizations and developers in the affordable housing space, Merritt ensures the most critical communities are developed and maintained for low-income residents.