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Archive for March, 2014

The be.Group Teams with the CMFA to Preserve Senior Affordable Living in Long Beach, CA

Mar 17, 2014

The be.Group is one of the country’s largest nonprofit providers of senior living communities. The CMFA recently assisted the with the acquisition and rehabilitation of the Covenant Manor Apartments, a 100-unit senior affordable rental housing project located in the city of Long Beach, CA. The project will consist of one- and two-bedroom apartments for independent seniors who earn at or below 50% and 60% of the area median income. Seniors will enjoy private patios and balconies, a common area, outdoor courtyard, common laundry facilities and community facilities.  New heating, ventilating, air conditioning systems, domestic boilers, energy efficiency upgrades and exterior painting, waterproofing and balcony deck coating will help make residents more comfortable and help reduce energy costs. The acquisition/ rehabilitation of this project will continue to provide affordability for 100 seniors for 55 years in the City of Long Beach.

National CORE Project to Benefit San Clemente’s Low Income Residents

Mar 17, 2014

National Community Renaissance or National CORE,  is a non-profit affordable housing developer that builds and manages housing communities.  Their commitment to creating healthy communities goes beyond the bricks and mortar. Recently National CORE partnered with the CMFA on their Avenida Serra Apartments project.

This project will consist of new construction of an 18-unit multifamily rental housing project on .37 acres in historic San Clemente. The Spanish Colonial Revival style buildings will include 18 one-bedroom units with one on-site manager’s unit. Residents will enjoy on-site covered parking with spaces for bicycles and motorcycles. There will be a lobby, elevator, private patios and balconies; trash recycling area, common outdoor courtyard; on-site leasing office, common laundry facilities and common resource center. The financing of this project will result in the creation of 18 affordable apartments for the next 55 years.

CMFA Financings Enables Over $440,400 in Contributions to California Non-Profits

Mar 5, 2014

The CMFA continues to give back to the communities in California by directing a portion of its issuance fees to charitable organizations. There were several non-profit 501(c)(3) organizations that received grants of  over $440,400 from the California Foundations for Stronger Communities with funds donated by the CMFA.

The deserving organizations include:

Agape Villages, Inc. mobilizes community resources to provide quality homes, innovative solutions and the highest professional services to disadvantaged children and their families to meet their needs, maximize their potential and lead toward a better and brighter future.

American Legion Post 0184 working in conjunction with Blue Star Mothers, CFSC’s donation provided calling calls to local active military serving in the Middle East.

Asian Pacific Women’s Center is dedicated to providing a safe haven and support services for women and children who are survivors of domestic violence.

Bishop Mora Salesian College is a college preparatory high school that empowers their students to develop character, rooted in faith, as they become responsible, conscientious citizens in the world.  CFSC’s donation will be used in conjunction with matched funds will fund the application fees for needy high school senior’s college applications.

Bread of Life Rescue Mission provides shelter and meals to the urban homeless in North San Diego County.

California Fairplay serves asthmatic children in the greater Sacramento region.  Their program exposes children and families to educational events, field trips and medical services.

California Veterans Support Foundation links returning veterans to existing resources, advocates for veterans’ needs, and connects veterans and the community. The organization works with veterans to help them transition from military life to civilian life.

Camino Nuevo Charter Academy utilizes a comprehensive approach to prepare students from preschool through high school for success in college and in life. We integrate academic rigor, community, family, and wellness to empower students to thrive in a culturally connected and changing world. Their students reside in underserved areas of Central Los Angeles.

Campus Life Connection – Collings Teen Center – has been serving Sacramento since 1992. Staff and programs are dedicated to meet the practical, educational, spiritual and social needs in the region.

Carols by Candlelight – is a spectacular family concert benefitting Rady Children’s Hospital in which the CFSC provided tickets for local military and veterans to attend.

Casa Romantica Cultural Center & Gardens is a historic, oceanfront estate and gardens.  The non-profit provides education and cultural opportunities for all ages.

ChildNet Youth & Family Services provides safe homes, education and counseling to vulnerable children and families.

Children’s Alcohol Rehabilitation & Education provides care and treatment to emotionally and physically neglected teenage children with a focus on drug and alcohol rehabilitation and education in a residential group home setting.

The Children’s Village of Sonoma County provides foster care in a nurturing and family-like setting and strives to maximize the child’s stability while minimizing multiple placements.

Conner’s Cause for Children works to ease the financial burden for families of children with life threatening diseases in the San Diego area.

Del Norte Senior Center was created to give elderly citizens a place to gather, socialize, enjoy nutritious meals and have access to various services.  The center currently provides senior lunches and home-delivered meal is to individuals who are home-bound or those who seldom leave the home except for medical appointments.

Desert ARC provides vocational training and other programs for disabled adults in the Palm Desert area.

Desert Samaritans for Senior provides comprehensive case management programs to seniors and their families.

Elder Help of San Diego provides personalized services and information that helps seniors remain independent and live with dignity in their own homes.

Enrich LA is an environmental non-profit organization that builds edible gardens in local schools, focusing on low-income and underserved neighborhoods of Los Angeles. Their gardens improve air quality, increase student’s exposure to the natural world, encourage environmental stewardship, and positively impact health and eating habits of students and the surrounding community. 

Families for Children was established in 1989 to assist in finding permanent adoptive families for thousands of Californian children currently in foster care.

Fish for Life strives to broaden the lives of special needs children by introducing fishing to children who might otherwise not have such an opportunity.

FOOD, Inc. fights hunger by gathering and distributing food and engaging in partnerships that advance self-sufficiency to those in need in Fresno, Madera and King Counties.

Grandma’s House of Hope provides compassionate and uplifting transitional care for women in crisis and hungry children in Orange County.

Joy Center is a provider of culturally sensitive services to those with developmentally disabilities and their families.  Their programs are designed to empower those with disabilities to live at their full potential.

Lazarus Project, Inc. meets the needs of the impoverished in Placer county by providing housing and comprehensive services.

Muzeo is a regional cultural center in Orange County designed to broaden people’s awareness of the matters and issues outside their immediate environment.  The museum introduces three national and international traveling exhibits each year.

Olive Crest – Since 1973, Olive Crest has transformed the lives of over 60,000 abused, neglected, and at-risk children and their families.

One Life, One Chance – Founded in 2009, the non-profit works to engage and inspire youth to make healthy choices and live a Drug Free life.

Peninsula Family Services provides a variety of programs that serve families in San Mateo, Santa Clara, San Benito and Santa Cruz Counties.  The donation will support their Financial Empowerment Program which provides affordable low-interest Ways to Work vehicle loans, pre-paid debit cards, literacy education and other services helping individuals and families maintain economic stability.

Project Self Sufficiency is a community-based program, located in Huntington Beach that assists low income, single parents to achieve economic independence through education, training and direct social services, such as intensive case management.

Silverlake Conservatory of Music facilitates basic music education to local youth. CFSC’s donation provided scholarships to children in need, providing fee music lesion and instruments.

St. John’s Shelter for Women & Children operates the largest shelter in Sacramento County and the only one focused exclusively on homeless women and children.

UC Berkeley Center for Nonprofit & Public Leadership is an experiential learning program that places graduate students on Bay Area non-profit boards of directors.  The program works to develop student’s governance and leadership skills while they contribute their time and talent to select non-profit organizations.

UC Berkeley School for Social Welfare holds a one day symposium spotlighting Activism in Art.  The CFSC sponsored the seventh annual symposium held in conjunction with Martin Luther King, Jr. Day.

Woodland Community College Foster & Kinship Care serves Yolo County foster parents, kinship/relative care providers, and individuals interested in becoming foster parents or adopting a child.

YMCA Montebello –The Christmas at the Cannon serves Christmas dinner to at least three thousand individuals each year.  Additionally, a food basket for the families and gifts for the children up to 14 years old were provided.

Yolo County Food Bank coordinates the storage and distribution of food from a network of growers, manufacturers, distributors, wholesales and grocery stores. Through their collaboration with non-profits programs, private and public sector agencies and service organizations, the Yolo County Food Bank is able to serve 25,000 people each month and distribute over 3 million pounds of food each year.

Eden Housing Turns to the CMFA for Financing of Montgomery Plaza Senior Apartments Project

Mar 4, 2014

Founded in 1968, Eden Housing has long been known for providing quality affordable housing in the Bay Area.  Recently, the CMFA completed their ninth project with Eden Housing.

The Montgomery Plaza Senior Apartment project is an Acquisition/Rehabilitation of a senior housing development located in the City of Hayward. The original project was built 30 years ago. The project consists of 50 units within one building with three floors. Each unit consists of one bedroom, one bath and a private patio/balcony. The scope of work will include replacement of all windows and sliding doors with modern double-glazed vinyl windows, ADA upgrades to all common areas, deck repair, resurfaced counters and new sinks and faucets, flooring, carpet, and the creation of a small service coordination office. This financing will continue to provide 49 units of affordable senior housing in the city of Hayward for 55 years.

The CMFA Assists the on a Senior Project in Long Beach, CA

Mar 4, 2014

More than 65 years ago, a small group of individuals in Southern California made a bold commitment: to build an organization that would help older adults continue to lead rich, purposeful lives. What was originally Southern California Presbyterian Homes is now Over the decades they have expanded from one fledgling community in La Jolla to 36 communities serving thousands of older adults throughout the state.

The Covenant Manor Apartments is an acquisition/ rehabilitation of a 100-unit senior affordable rental housing project. The project will consist of one- and two-bedroom apartments for seniors who earn at or below 50% and 60% of the area median income. The project includes private patios and balconies, a common area, outdoor courtyard, common laundry facilities and community facilities. Improvements contemplated as part of the rehabilitation include new heating, ventilating, air conditioning systems, domestic boilers, energy efficiency upgrades and exterior painting, waterproofing and balcony deck coating. The use of tax-exempt bonds will ensure seniors will have affordable housing  in the City of Long Beach for the next 55 years.