ELHCDC was incorporated in
1984 and has been successfully developing affordable housing projects since
1986. It is a not-for-profit charitable organization 501-C-3.
Types
of housing developments.
The type of
housing that the Organization, East Little Havana Community Development
Corporation, provides consists of affordable low-income housing in the form of
homeownership units and rental units. The development various projects have consisted
of new construction, Rehabilitation, and Management of Affordable Housing
projects serving very-low, low, and moderate income families and individuals.
Additional charitable projects consist of revitalizing and developing the
commercial corridors in the East Little Havana neighborhood, Miami, Fl., where
approximately over 50% of the residents live below the poverty level.
The affordable
housing home ownership units have been made available to very-low, low, and
moderate income families earning between 40% and 120% of the Dade County Median
Income. The affordable housing rental units have been made available to very-low
and low income elderly, handicapped, families, and individuals with family
incomes below 60% of Miami-Dade County Median Income. Also, at least 40% of the
rental units in the Rio Towers development have been set-aside for Elderly
persons, age 62 or older, and 75% of the units for the Elderly, Disabled, SSI,
and Veterans.
All
completed developments have integrated HUD’s Housing Quality Standards;
Davis/Bacon Act wages compliance; and Section 3 compliance. All completed
developments have incorporated Green components and appliances.
The type of
housing and economic development projects being undertaken comply with HUD’s
National Objectives to provide and promote relief of the poor and the underprivileged; lessen the burdens of
government;
lessen neighborhood tensions;
and combat community deterioration. The
not-for-profit organization targets mostly the East Little Havana Neighborhood
which has over 50% of its residents under the poverty level.