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SEASONS at Compton
Development Team
•   Developer: LINC Housing Corporation
•   Architect: Nardi Associates LLP
•   Contractor: CMSI/Advent Companies
•   Construction Management: Castle & Gray International
•   Financial Consultant: Inclusive Homes
•   Property Management: The John Stewart Company
Financing of Project in 2010
The majority of the financing for acquisition and construction from Bank of America and the Housing Partnership Network Fund will convert into permanent financing. Bridge financing was provided by Century Housing and the LINC Builds fund.
 
Permanent Sources Amount
First Mortgage - Bank of America $1,500,000
9% LIHTC – TCAC - National Equity Fund $10,318,523
ARRA Section 1602 Funds $1,582,552
L.A. County HOME Funds $3,398,319
Infill Infrastructure Grant – State of CA $3,169,934
City of Industry Loan – L.A. County $3,000,000
Federal Home Loan Bank Affordable Housing Program $415,000
L.A. County Fee Waiver $117,207
City of Compton – HOME Funds $800,000
Private grants from The Weingart Foundation, The Home Depot Foundation, California Community Foundation, and Enterprise Green Communities $627,800

Total Sources $24,984,133