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The Mayor,Antonio Villaraigosa, continues to still be with Us in Skid Row




The Mayor is still with Us. He was here today in the heart of skid row at the Yankee Hotel, which is low income housing operated by Single Room Occupancy Housing Corporation, to announce, along side Senator John Edwards, the 100 million dollar New Generation Fund.
Although the wording is , affordable , General Jeff was there to make sure that our concerns in skid row about low income housing was heard. At the bottom of the clip of the press release, below , you do read that low income and moderate income residents of Los Angele are included in this new effort.

This mayor continues to create more opportunities for people to be in housing. He is making it very easy for people like me to vote for him next year.


Mayor Antonio Villaraigosa joined, by Senator John
Edwards, Enterprise Community Partners President Doris Koo and Yankee
Apartment residents, will hold a press conference to announce the
creation of the New Generation Fund, a $100 million addition to the
City*s affordable housing finance system, on Monday, July 21, 2008 at
12:45 PM at Yankee Apartments, 501 E. 7th Street, Los Angeles, CA 90014.


The New Generation Fund is a $100 million predevelopment and
acquisition fund created through a partnership between the City of Los
Angeles, Enterprise Community Partners and a consortium of banks,
financial institutions, foundations and community development
institutions. The Fund is designed to combat homelessness and reduce the
housing burden on poor and working families by offering affordable
housing developers early-stage financing for properties intended for
low- and moderate- income residents.

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