Impact on Communities

Selected Investment Profiles

Ross Gardens, Fresno, California

Built in 1994, this 140-unit apartment complex was built by the United Farm Workers Service Center to provide affordable housing for Central Valley agricultural workers.

Seville Gardens, Huntington Park, California

The 225-unit Seville Gardens complex in Huntington Park provides housing for seniors and the disabled. Built in 1989, this five-story property is the oldest in the Impact loan pool.

Heritage Apartments, Roseville, California

With 328 units and 50 buildings, Heritage Apartments is the largest property in the Impact loan pool. Built in 1992, Heritage Apartments also represents the largest single mortgage in the pool.

Temple/Edgeware Apartments, Los Angeles, California

With 108 apartments west of downtown Los Angeles, Temple/Edgeware also houses the Temple/Edgeware Boys and Girls Club. The property, built in 1996, offers architectural distinction to the neighborhood.

Lorin Station, Berkeley, California

This small property is the only one in the Impact pool to include commercial tenants as well as families. Three small businesses occupy the first-floor space in the three-story, 14-unit building built in 1993.

Lyric Hotel, San Francisco, California

The Lyric Hotel targets a clientele that includes emotionally disturbed adults capable of independent living. Residents include some individuals who were formerly homeless.

Las Casitas Apartments, Hayward, California

Las Casitas is a 61-unit townhouse-style development that features solar-powered water heating.

Parkside Apartments, Los Angeles, California

Located in downtown Los Angeles, Parkside features 79 units in a five-story building within walking distance of the Staples Center and downtown shops and bisinesses. The project features underground parking, play areas, landscaped BBQ areas and common laundry facilities. Of particular note is an onsite tutorial service and computer facility staffed by teaching professionals and university students at no additional cost to residents.

Casa Heiwa, Los Angeles, California

Casa Heiwa in the Little Tokyo area of downtown Los Angeles has 100 units for very low-income households. The property is situated near the burgeoning toy district. A minority-owned contractor was used for the framing portion of construction.

Harbor View Apartments, Los Angeles, California

Harbor View Apartments in the Wilmington area of Los Angeles occupies an entire block. The 132-unit project for low- and very low-income teneants was converted from a 183-unit market rent project. The project has a childcare center and was awarded California Housing and Community Development (HCD) funds to assist in the conversion based on its proximity to the ports of Los Angeles and Long Beach as well as to the Alameda Transportation corridor. The project was sponsored by the L.A. Community Design Center.