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UWGLA’s Affordable Housing Initiative Announces the Closing of Fund II Aimed to Transform the Affordable Housing Landscape in Los Angeles

by Adina Eaton | Oct 23, 2023

The Affordable Housing Initiative (AHI), launched by United Way of Greater Los Angeles (UWGLA) in 2021, has proven to be one of the most innovative solutions to L.A.’s leading driver of homelessness: the lack of affordable housing. To date UWGLA has secured and raised...

About Housing Diversity

Housing Diversity Corporation (HDC) is a leading impact investment fund manager and real estate developer. The organization is dedicated to creating and preserving affordable housing through innovative “affordable-by-design” communities. Their well-designed apartments enable people to live near transit, employment, and amenities at a lower price point, with a focus on the 50-80% Area Median Income (AMI) range. Additionally, through strategic public-private partnerships, HDC provides permanent supportive housing for individuals earning 0-50% AMI. Founded by Brad Padden, HDC is committed to constructing high-quality homes that contribute to the development of healthy, diverse, and equitable neighborhoods. Currently, HDC has developments in Seattle and Los Angeles.

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Housing Diversity Corporation
113 Cherry Street
Box 58151
Seattle, WA 98104

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