The recent downturn in the economy, especially in the housing industry, has created an unprecedented opportunity for LCHA to increase its portfolio of affordable housing available to all range of tenants. As a result, LCHA has aggressively pursued acquisition of existing multifamily housing as a priority. Since implementing the strategy in 2011, LCHA has acquired 14 additional housing units in various parts of the county with the goal of 30. This program is funded using non-federal funds.
Our investment strategy is simple: Focus on opportunistic investments that deliver exceptional returns to our ongoing housing programs. These include: