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FOR IMMEDIATE RELEASE LONG BEACH, Calif., Sept. 25, 2009 — LINC Housing Corporation, a nonprofit builder of affordable housing for families and seniors in California, was recently awarded a $35,000 grant from JP Morgan Chase. The funds are designated to support LINC’s efforts to build more homes for low- to moderate-income seniors, families and special needs populations in California, with an emphasis on sustainable building practices. “With many of our usual funding sources hit hard by these challenging economic times, grants like these are vital for our success,” said Hunter L. Johnson, LINC Housing president and CEO. “JP Morgan Chase recognizes the importance of ensuring all Californians have safe, decent and affordable housing, and their grant will help us move our state in that direction.” In addition to helping create more than 6,000 homes in 53 communities, LINC Housing currently has four properties in construction with 10 more in predevelopment. LINC’s properties are known for excellent design, outstanding management and life-enhancing services for its residents. This year, LINC celebrates 25 years of service to families, seniors, and local governments helping to create sustainable communities via new construction, acquisition and rehabilitation, and historic preservation. |
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