Innovative Housing Opportunities (IHO) was formed in 1976 as Irvine Housing Opportunities to advocate for affordable housing in low- and moderate-income communities in Irvine, California. Today, IHO owns and operates ten properties across California, totaling over 800 units. These buildings provide stable housing for more than 1,200 people annually, including low-income individuals and families, veterans, seniors, youth, people with special needs, and those experiencing homelessness. With $2 million in working capital from NFF’s Accelerating Permanent Supportive Housing Fund – designed to support LA nonprofit developers to accelerate the creation of affordable supportive housing units – this pre-development financing will help IHO respond more effectively to the urgent need for stable homes among hundreds of Angelenos.
August 28, 2025
Innovative Housing Opportunities
$2 million predevelopment loan