In furtherance of its mission of expanding the supply of affordable housing within the City of Los Angeles, HACLA seeks to identify opportunities to partner with other organizations to acquire, develop, and invest in affordable housing. The HACLA Board of Commissioners approved a solicitation for innovative partnerships in August of 2021.
The solicitation anticipates a broad range of potential types of partnerships, including the acquisition of multifamily properties or portfolios of properties, the development of new affordable housing, mission-oriented investment in HACLA-sponsored funds and projects, and HACLA bond issuance for affordable and workforce housing. HACLA also encourages innovative proposals for other new types of partnerships or projects.
The solicitation is open-ended, and interested parties may submit proposals to HACLA on a rolling basis. All proposals must include the required information as outlined in the solicitation.
Director of Development