Current | Archive

April 17 , 2008

METLIFE FOUNDATION AWARDS $50,000 GRANT TO CHINATOWN-BASED AFFORDABLE HOUSING DEVELOPER

Contact: Forrest Gok, Director of Resource Development

(415) 984-1472; fgok@chinatowncdc.org

San Francisco, CA—Chinatown Community Development Center (Chinatown CDC) today announced a grant of $50,000 from MetLife Foundation to expand its efforts to develop quality affordable housing for residents of San Francisco’s low-income communities.  Cindy Zheng, Managing Director of MetLife’s San Francisco Peninsula agency, presented the grant.

Chinatown CDC will open two new affordable housing developments in the next month:

Broadway Family Apartments, 81 units of family housing in the Northeast Waterfront district and Parkview Terraces, 101 units of senior housing on Turk and Gough Streets in the Western Addition.

“Affordable housing is a key element of healthy communities,” said Sibyl Jacobson, President of MetLife Foundation.  “We are pleased to award funding to Chinatown CDC to develop more affordable housing and opportunities for the individuals and families that need them most.”

“We’re very grateful to the MetLife Foundation for this generous grant in support of our work in developing affordable housing and providing innovative tenant services that strengthen and revitalize communities,” said Gordon Chin, Executive Director of Chinatown CDC.  “During these tough economic times, financial support from MetLife Foundation is crucial in the community development work that we do,” added Chin.

Chinatown Community Development Center (CDC)

Chinatown CDC is a non-profit 501 c (3) organization established in 1977 to develop and manage affordable housing in San Francisco, serve as neighborhood advocates, organizers and planners and empower low-income residents throughout San Francisco.  Chinatown CDC currently has a building portfolio of 22 properties containing over 2,200 units of affordable housing stock and is recognized as one of the pre-eminent community development organizations in the nation.  For more information about Chinatown CDC, please call (415) 984-1450 or access the website at www.chinatowncdc.org.

MetLife Foundation

MetLife Foundation was established by MetLife in 1976 to carry on its longstanding tradition of corporate contributions and community involvement.  Grants support health, education, and civic and cultural programs.  In the area of community development, MetLife Foundation supports initiatives that promote affordable housing, homeownership, economic opportunities and safety in diverse, low- and moderate-income neighborhoods.  For more information about the Foundation, visit www.metlife.org.

###

events | news releases | newsletter | resources

[home] [contact] [about] [work areas] [connect] [join] [support] [sitemap]