Since 2002, Decro has collaborated closely with both nonprofit and for-profit development partners to identify affordable housing opportunities and leverage relationships and financial and other resources to make these developments a reality.
“Our goal in developing Durae Senior Apartments was to find an experienced partner who could contribute both needed financing for this project as well as provide a track record and knowledge of building quality affordable housing. Decro not only exceeded our expectations but its experienced and talented team collaborated with us and Korean Resource Center in meeting the challenges of making this highly complicated project a reality.”
Executive Director, Little Tokyo Service Center
Decro has extensive and well-established relationships with financial institutions and low-income housing tax credit investors, that enable us to secure the debt and equity required to fund the development and construction of affordable communities now and in the future.
Predevelopment, Construction, and Permanent Lenders
Low-Income Housing Tax Credit Investors
Recognizing the immediate and severe shortage of affordable multi-family housing, especially in California, Decro draws upon the financial and other resources offered by federal, state, and local agencies to increase the number of affordable housing units, including U.S. Housing and Urban Development Department’s Supportive Housing Program, California Housing and Community Development Department’s Multifamily Housing Program, and County of Los Angeles and City of Los Angeles Affordable Housing Trust Funds.
Social Service Organizations
Decro continually strives to create and maintain a genuine sense of community within each of its developments. Providing residents with educational and supportive social services is essential toward building community and helping improve lives. Some of the services offered include early childhood education, day care and after-school programs, workforce development, life skills training, computer training, and fiscal literacy.