Seniors, Families and Farm Workers Profit from Nonprofit LINC Housing's Work

Seniors, families and farm workers profit from nonprofit LINC Housing’s work

Affordable Housing Finance Magazine
Featured in Regional Focus section, April 2003, Volume 11, Number 4
By Christine Rombouts

A successor to an affordable housing nonprofit established by the Southern California Association of Governments in 1984, LINC Housing is the only affordable housing developer/manager in California that operates throughout the entire state. In the past 20 years it has built more than 4,000 units in 27 communities from El Centro near the Mexican border, to Anderson, near the Oregon border.

Best-known for its SEASONS™ senior housing complexes scattered throughout Southern California, LINC also has a strong presence in affordable apartments for families and in manufactured housing. Based in Long Beach, California, LINC has a portfolio that ranges from apartment complexes for farm workers in small towns to mixed-use communities for seniors in urban areas, and includes renovations of an aging hotel, a lackluster shopping center, mobile home parks, and deteriorating multi-family projects. Approximately half of its properties are rented to residents at or below 60% of area median income (AMI).

LINC Housing President and CEO Hunter L. Johnson says the increasing difficulty of securing suitable sites for new housing projects has forced LINC to be me more creative in finding, planning and financing developments.
Photo: Gary Kruger

Unlike many nonprofit developers, LINC manages its properties. Many of its communities have management teams that arrange social events, assist with resident needs, provide counseling and in skills, and offer work and computer training.

According to Hunter L. Johnson, president and CEO of LINC Housing, the increasing difficulty of securing suitable sites for new housing projects, not to mention spiraling land costs, has forced LINC, along with many of its fellow affordable housing builders, to be much more creative in finding, planning and financing developments and acquisitions.

In the process, LINC has established partnerships with local governments, the for-profit development community, lenders and corporate investors to get its housing projects off the ground and completed. Continue »

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