Freddie Mac Fund to Help Homeless and Displaced

A $15 million LIHTC equity investment in Houston’s New Hope Housing’s Dale Carnegie development will provide housing and supportive services to 170 individuals and families displaced by Hurricane Harvey. The other two are aimed at helping the homeless and Veterans in the Los Angeles area. One is for Skid Row Housing in Los Angeles for an estimated 100 homeless veterans and special needs individuals. A $19.6 million LIHTC equity investment in Skid Row Housing Trust’s Flor 401 Lofts development will provide both housing and supportive services. The other, A $26.5 million LIHTC equity investment in Hollywood Community Housing’s Florence Mills Apartments, will help provide supportive housing South Los Angeles, an area with a very high homeless rate. Thirteen of the 74 units will be designated for homeless veterans.