When Heritage Housing Partners (HHP) identified a two-acre site near downtown, its aim was to preserve many of the historic homes on the property as well as to build new affordable housing that echoed the classic Craftsman style of [...]

Pasadena, Calif. - In the expensive Southern California housing market, crafting a financing structure that yields homeownership costs affordable to low-income buyers is enormously challenging. Combine a target of serving low- and moderate-income families with a goal of preserving [...]