A Community of Friends


 

About

Who We Are

Founded in 1988, A Community of Friends (ACOF) is a nonprofit affordable housing developer for people with special needs. Our mission is to end homelessness through the provision of quality permanent supportive housing for people with mental illness.To date, ACOF has completed over 1,300 units in 35 properties, primarily throughout Los Angeles County, and has several properties in development.

Thirty (30) of the projects are currently in ACOF's portfolio in communities as diverse as Santa Monica, Pico-Union, Hollywood, Koreatown, North Hills, South Los Angeles and Boyle Heights. Completed projects include substantial rehabilitation and new construction and range in size from 9 to 114 units. Total development costs for each project range from $600,000 to $18.6 million. ACOF secures all project financing, performs community outreach, assembles the project team and manages the project through all phases of development, construction activity and lease-up.

Additionally, ACOF plays an active on-going role in the management of its properties including tenant selection, maintenance, resident manager selection and regulatory compliance.ACOF has structured and secured over $250 million in project financing from public, private and nonprofit sources in the development of permanent supportive housing. Our staff manages all areas of affordable housing including: project development; residential services; asset management; accounting and human resources. Our housing complexes provide a stable environment to more than 1,300 adults and several hundred children.

To ensure that tenants stay housed and gain self-sufficiency, ACOF provides services either through our own staff or through collaborations with other agencies. Some of these services include money management, medication monitoring and management; health services; counseling and goal support; substance abuse recovery; and independent living skills. With the support and encouragement of on-site staff and affordable rents, tenants are provided a stable home and given opportunities to become productive members of their communities.

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