Community-Enhancing Residential and Commercial Properties
In Real Estate Development, LCDC is leveraging resources to create quality, affordable housing; stabilize neighborhood blocks; preserve architectural assets; create opportunities to build equity; and attract new community investments and jobs.
Our homeownership projects – new construction, single-family/condominium restoration, and homebuyer education – help to stabilize entire blocks by filling in vacant land, preserving vacant property and increasing the number of concerned homeowners. Moreover, they allow low- and moderate-income households to build equity through homeownership, typically for slightly more than they were spending as renters.
LCDC’s rental developments increase the supply of quality, affordable rental housing in Lawndale, rehabbing vacant properties and providing secure environments in which families can flourish.
Finally, our commercial development work seeks to increase resources and employment opportunities in Lawndale, while improving the overall quality of life in the neighborhood.