PAHALI’s “Preserving Affordable Housing Assets Longterm, Inc.” is a CLT in East Palo Alto with social justice activist roots and a mission is to assure zero net loss of community-held housing assets and facilitate development of new affordable homes or conversion of existing home to long-term affordability.
In partnership with PAHALI, NCLT acquired 2 pilot sites in 2014 as single family CLT homes in East Palo Alto, legally owned the pilot projects and provided key technical assistance and transactional support. PAHALI transitioned to full independence and the properties are in the process of being transferred to PAHALI ownership.
PAHALI’s operational activities are supported byEPA CAN DO.