NFF Dollars at Work

Expanding affordable housing in South LA 

$1.25 million predevelopment loan (January 2025), $3 million working capital loan (January 2025) 

Coalition for Responsible Community Development (CRCD) began in 2005 in the Vernon-Central neighborhood of South Los Angeles with one contract: cleaning up graffiti vandalism. Since then, CRCD has expanded its services for residents in South LA, starting up programs in youth and adult workforce development, housing and supportive services, and small business services.  

CRCD will use the $1.25 million loan to finance predevelopment costs for current affordable housing projects in its pipeline and support new projects advancing into the construction phase. A new $3 million line of credit from NFF will provide support with addressing working capital needs caused by a significant increase in government contracts and delays in government contract reimbursements. This financing increases CRCD's capacity to sustain and expand transformative community development efforts, creating more pathways for South LA residents to secure stable housing they deserve and gain access to services that will support their pursuit of better economic outcomes. 

See CRCD featured in our new video, “Uncovering the Full Cost: Los Angeles Youth Workforce Development Programs”, which analyzes the full costs and systemic barriers faced by youth workforce development organizations in Los Angeles. 

Watch “The Art of Affordable Housing”, our video interview with Alejandro Martinez, President of CRCD’S real estate arm.