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As of October 2024, we have committed to investing $40 million through our Revolving Loan Fund, creating 1,669 affordable apartments and homes for very-low, low- and middle-income employees, transitional-age youth, veterans, farm workers, and the homeless. We had previously provided Mesa with a $2,506,749 acquisition loan and a $499,500 bridge construction loan to bring this development to life for local transitional-age youth who are housing insecure.
Mesa is a nonprofit providing housing and services to transitional-age youth facing homelessness by fostering a community-centered environment where its residents can advance personally and professionally through a program tailored to their individual needs. Mesa focuses on employment, housing, education, community connections, nutrition, mental health, and healthcare. Residents are encouraged to build a culture of wellness with access to safe housing and unique amenities like a community building, health programs, and vocational training.
“We purchased this property just two and a half years ago with the help of Housing Trust Fund VC. In a few short, but very busy years, we have transformed a citrus orchard into a fully built-out property with 10 tiny homes and a main farmhouse that includes two additional private bedrooms, space for a live-in House Manager, and staff offices to provide additional supportive services. Beyond the physical structures, we are also building a community of young adults creating their own sense of home,” says Mesa founder Dan Parziale. “This first group of participants and our community of partners are integral to shaping what Mesa is and who we will become.”
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