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Affordable housing preservation in Los Angeles

Better neighborhood, Same neighbors

Everyone should have access to affordable, secure, and healthy housing.

55Properties by 2028
2,000Homes retrofitted
3LA communities

RedefiningPreservation

A comprehensive approach

  • Rehabilitation & Resilience

    Deferred repairs & maintenance, health & safety + habitability & hardening + physical risk mitigation

  • Efficiency & Decarbonization

    Mechanical, electrical, plumbing & envelope + PV & energy storage

  • Stabilization & Affordability

    Financial (non-physical) relief / support / flexibility to enhance financial stability

Rehabilitation& Resilience Efficiency &Decarbonization Stabilization &Affordability

Our shared priority

Everyone should have access to affordable, secure, and healthy housing.

By 2028, our cohort partners will:

  1. Retrofit 55 properties (2,000 units) in East LA, South LA, & Little Tokyo Downtown LA
  2. Strengthen organizational capacity & resident engagement
  3. Share generated data as a catalyst to reform the enabling environment

Retrofit LA is a pilot program bringing together community organizations, housing operators, and financial institutions to preserve and strengthen affordable housing portfolios across Los Angeles. Through strategic building improvements, we help organizations protect their operational capacity, extend the life of their properties, and continue serving their communities for generations to come.

$10.8 MillionIncentives to date
$35 MillionIn predevelopment

Strengthening affordable housing for the long term

Our approach to resiliency is not as an isolated sustainability goal, but a critical component of the affordable housing preservation strategy.

In an environment of rising costs, depleting reserves, and increasing maintenance demands, comprehensive retrofits offer a pathway to organizational stability and long-term viability.

We're helping multifamily affordable housing owners and operators:

  • Preserve financial stability and prevent portfolio decline
  • Extend building life while reducing maintenance burdens
  • Reduce operating costs and improve resident quality of life
  • Protect staff capacity for community services, not crisis management

We're demonstrating that comprehensive building improvements are achievable, financially strategic, and essential to preserving affordable housing and the organizations that steward it.

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