In the Los Angeles Times, Jacqueline Waggoner, an executive with affordable housing nonprofit Enterprise Community Partners says “Most affordable housing stock is not under tax credits or something else. It’s critical that we don’t lose what we have.”

Coalition for Responsible Community Development, an affordable housing developer based in Historic South Central, was awarded $6 million in financing from Enterprise Community Partners to build 50 apartments for low-income families in Boyle Heights and further its expansion goals.

Enterprise Community Partners is apart of a coalition of philanthropic and nonprofit partners who are piloting a new initiative in select neighborhoods in Los Angeles that is intended to stabilize small landlords whose tenants have been disproportionately impacted by the coronavirus pandemic.