 |
           |
||||
|
LINC Housing has a 29-year history of creating communities for thousands of families and seniors throughout California. LINC is committed to building and preserving housing that is affordable, environmentally sustainable, and a catalyst for community improvement. And through our LINC Cares program, we’re also providing life-enhancing services that improve the quality of life for our residents.
LINC’s Mission:
LINC provides housing for people underserved by the marketplace. Our communities are known for excellent design, outstanding management, and life-enhancing services.
LINC’s Strategy for California:
In this challenging economy, LINC Housing and LINC Cares remain committed to our overall goal of serving California communities through housing. Now more than ever, we’re focused on helping our residents through these difficult times and finding new and creative ways to keep building and preserving affordable homes. We’ll accomplish our goals by implementing the following strategies:
| • | Develop and construct new affordable housing for seniors, families and special needs populations |
| • | Protect California’s affordable housing supply through purchase of existing rentals |
| • | Develop sustainable urban in-fill, mixed-use, and transit-oriented properties |
| • | Retrofit existing affordable housing to create energy savings, healthful living environments, and positive environmental impact |
| • | Provide supportive services that enhance the lives of our residents |
| • | Advocate strong public policy for affordable housing |
The Need for Affordable Housing:
Despite the economic crisis, California’s population will continue to rise at an alarming rate. In just 20 years the U.S. Census projects our state’s population to increase by 20 million, resulting in a striking 59 million people by 2030. Our state has not been able to build enough affordable housing to keep up. A 2007 Special Report by the California Budget Project states that housing is the largest cost for most Californians and two-thirds of low-income working families rent. Further, California has the second-most expensive rental housing in the nation, resulting in many residents, particularly low-wage workers, struggling to afford safe and decent rental housing. Many of those that did have homes are now devastated by foreclosure and unemployment, making the need for affordable housing even more critical.
The affordable housing crisis, further exacerbated by the effects of the economic recession, is painfully evident among Los Angeles’ residents. From 2007 to 2010, poverty rates in Los Angeles rose from 14.7% to 16.1%, unemployment rates skyrocketed from 5.1% to 12.6%, and the number of medically uninsured reached 28.9% (LAANE, 2010; CA EDD.). Now more than ever it is important for LINC to continue addressing housing needs with new construction, acquisition/rehab, and the preservation of at-risk affordable housing.
