The California Housing Finance Agency (CalHFA) has approved $5.525 million in long term, 30 year fixed rate loans which will allow the owners of an existing affordable housing complex in Los Angeles to preserve affordable senior rentals in LA county.  The building, which houses 88 units, will undergo a seismic retrofit and receive replacement windows and doors as awell as other rehabilitation work. 

For more information on the project and CalHFA, click here.