The Consorcia the first property acquired, rehabilitated and managed by Chinatown CDC, and the first project in Chinatown in which a nonprofit organization acquired an existing building to upgrade and preserve it as low income housing. The ground floor consists of 3 commercial spaces leased at market rents to further subsidize the rents of the residential units. The Consorcia was named after Consorcia “Elsie” Guerrero, who managed the building before
and after Chinatown CDC acquired it and was a key figure in the lives of the tenants in the building.
Population: Families Square Footage: 12,505 Unit Type: 18 studios, 6 one-bedrooms Resident Services: Provided by Chinatown CDC Waiting List: CLOSED
Chinatown CDC Role: Developer, Owner, Manager Funding Sources: Citicorp, Mayor's Office of Housing, State DPRLP Contractor: N/A Architect: N/A Construction Type: Rehabilitation Development Cost: $1,176,360