Two Houses Make Way for Affordable Development in Westlake
Demolition is in progress clearing the way for much needed low-income and supportive housing.
County Supervisors Approve $42M for Supportive Housing Projects
Decro Corporation and their partner Daylight Community Development Corporation, and The People Concern are poised to receive $2.6 million in funding for Watts Works, a proposed permanent supportive housing development in Watts.
View the Newest Renderings for The Brine
Plans call for apartments, a grocery store, and a health clinic.
City Planning Commission Approves Two Affordable Developments in South LA
The Los Angeles City Planning Commission approved a new affordable development with 24 apartments for very-low income residents.
Developer Increases Commercial Space in Proposed Mixed-Use Development
Decro Group wants to build a 97-unit mixed-use development that will now include 70,000 square feet of medical and commercial space instead of the originally proposed 30,000 square feet.
City Planning Commission Rejects Appeal of Westlake Affordable Development
The Los Angeles City Planning Commission voted to approve a proposed affordable housing development in Westlake, rejecting an appeal submitted by the resident of a neighboring home.
LA City Council Approves Tax-Exempt Bonds for 63 Units of Affordable Housing
On June 12, the LA City Council and Mayor Eric Garcetti approved the issuance of $21.7 million in tax-exempt bonds to finance the construction of Firmin Court, 63 units of affordable housing in the Westlake area of Los Angeles.
Homelessness Jumps 12% in LA County and 16% in the City
The 2019 greater Los Angeles homeless count shows the number of people living on the streets, in vehicles and in shelters increased by about 12% over last year. The annual count puts the number of homeless people just shy of 59,000 countywide. Within the city of Los Angles, the number soared to more than 36,000, […]
Decro Corporation Closes Nearly $13 Million in Predevelopment Financing for a Transformative Lincoln Heights Redevelopment Project
LOS ANGELES (April 11, 2019) — The Brine, a Decro Corporation development created to bring affordable housing, healthy food choices, and medical and mental health services to Lincoln Heights, achieved a major milestone with the closing of nearly $13 million in combined predevelopment financing from both the New Generation Fund, a partnership of the City […]
Decro Corporation and Innovative Housing Opportunities Receive Prop HHH Permanent Supportive Housing Loan Commitment for Firmin Court
Decro Corporation and Innovative Housing Opportunities (IHO) have been awarded one of the first of 20 funding commitments from the City of Los Angeles’ Proposition HHH Permanent Supportive Housing Loan Program for Firmin Court, a 64 -unit affordable housing development in Los Angeles with 42 permanent supportive housing (PSH) units.