The Coachella Valley Housing Coalition

THE PURPOSE OF THE COACHELLA VALLEY HOUSING COALITION, A NONPROFIT COMMUNITY DEVELOPMENT CORPORATION, IS TO IMPROVE THE LIVING CONDITIONS OF LOW-INCOME INDIVIDUALS AND FAMILIES BY CONSTRUCTING AND OPERATING AFFORDABLE HOUSING INFUSED WITH COMMUNITY SERVICE PROGRAMS AND OTHER OPPORTUNITIES THAT ENRICH, BUILD AND GROW THEIR LIVES.

CVHC OWNS AND OPERATES SIX MULTIFAMILY APARTMENT DEVELOPMENTS, ONE SINGLE ROOM OCCUPANCY APARTMENT, ONE MOBILE HOME, AND ONE SENIOR HOUSING THAT PROVIDES AFFORDABLE HOUSING TO LOW AND VERY LOW-INCOME FARMWORKER FAMILIES, AND LOW-INCOME FAMILIES AND SENIORS. THE TOTAL NUMBER OF UNITS IS 558 MULTIFAMILY, 106 RENTAL SPACES.IN ADDITION, CVHC OPERATES TWO MIGRANT FARMWORKER HOUSING FACILITIES THAT PROVIDE TEMPORARY HOUSING TO MIGRANT FARMWORKERS TOTALING 176 UNITS. CVHC CONTRACTS WITH A THIRD-PARTY PROPERTY MANAGEMENT COMPANY TO MANAGE ITS DEVELOPMENTS.CVHC AND ITS AFFILIATED ENTITIES ALSO OWN AND OPERATE FOURTEEN (14) ADDITIONAL MULTIFAMILY APARTMENT DEVELOPMENTS THAT PROVIDE AFFORDABLE HOUSING TO LOW AND VERY LOW-INCOME FAMILIES AND INDIVIDUALS. THESE DEVELOPMENTS WERE BUILT UNDER THE LOW-INCOME HOUSING TAX CREDIT PROGRAM (LIHTC). THESE TAX CREDIT DEVELOPMENTS HAVE COMPLETED THE 15-YEAR TAX CREDIT INVESTORS COMPLIANCE PERIOD. THE TOTAL NUMBER OF UNITS OWNED IS 781.ON APRIL 23, 2023 CVHC ACQUIRED A 67 UNIT MOBILE HOMEPARK NAMED SAN ANTONIO DEL DESIERTO MOBIL HOMEPARK. A LIMITED LIABILITY COMPANY WAS CREATED TO OWN THE PARK. THERE ARE TWO MEMBERS OF THE LLC, CVHC 80% AND PUEBLO UNIDO CDC 20%.

CVHC PROVIDES TECHNICAL ASSISTANCE TO LOW-INCOME FAMILIES IN OBTAINING FINANCING TO BUILD THEIR SINGLE-FAMILY HOME IN THE COACHELLA VALLEY AND OTHER COMMUNITIES. CVHC RECEIVES FEDERAL, STATE, COUNTY AND LOCAL FUNDS TO ASSIST FAMILIES TO BUILD THEIR HOMES UNDER THE MUTUAL SELF-HELP PROGRAM (MSHP). THE TOTAL NUMBER OF HOUSES COMPLETED FOR THIS PERIOD UNDER THE MSHP WAS 37, A TOTAL OF 135 WERE IN VARIOUS STAGES OF CONSTRUCTION, AND 131 WERE IN FAMILY RECRUITING STAGES.CVHC ALSO ACQUIRES AND DEVELOPS LAND FOR THE PURPOSE OF BUILDING AFFORDABLE SINGLE-FAMILY HOUSING. A TOTAL OF 520 LOTS ARE CURRENTLY IN THE PREDEVELOPMENT STAGES. CVHC OPERATES A LEASE TO OWN PROGRAM, WHEREBY HOUSES WERE PURCHASED, REHABILITATED, AND RENTED OUT TO ELIGIBLE FAMILIES. A TOTAL OF 44 HOUSES WERE REHABILITATED UNDER THIS PROGRAM. DURING THE YEAR ONE (1) HOUSE WAS SOLD DURING THE YEAR, AND SIX (6) HOUSES REMAIN UNDER THIS PROGRAM.CVHC PROVIDES HOUSING COUNSELING ASSISTANCE TO FAMILIES PARTICIPATING IN THE MSHP AND THE LEASE TO OWN PROGRAM. A TOTAL OF 156 INDIVIDUALS RECEIVED VARIOUS TYPES OF HOUSING COUNSELING SERVICES DURING THE FISCAL YEAR.

CVHC ACQUIRES AND DEVELOPS LAND FOR THE PURPOSE OF BUILDING AFFORDABLE MULTIFAMILY HOUSING DEVELOPMENT. FINANCING FOR THESE DEVELOPMENTS IS OBTAINED FROM THE LOW-INCOME HOUSING TAX CREDIT PROGRAM (LIHTC) AS WELL AS FEDERAL, STATE, COUNTY AND LOCAL FUNDS. DURING THE YEAR WE HAD ONE (1) LIHTC DEVELOPMENT IN CONSTRUCTION; A SPECIAL NEEDS HOUSING DEVELOPMENT 61 UNITS IN THE CITY OF PALM SPRINGS, CA.CVHC HAD THREE (3) MULTIFAMILY DEVELOPMENTS IN THE PRE-CONSTRUCTION STAGES, TOTALING 310 UNITS OF AFFORDABLE HOUSING.CVHC HAS DEVELOPED, REHABILITATED, AND ACQUIRED 41 DEVELOPMENTS FOR A TOTAL OF 2,923 UNITS OF MULTIFAMILY HOUSING, AND SPECIAL NEEDS AFFORDABLE HOUSING SINCE ITS INCEPTION.