Davis Senior Housing Co-op
The Revolving Loan Fund made a $75,000 loan in 2003 to Davis Senior Housing Co-op to build a 60-unit housing co-op for low-income seniors in Davis, CA. Eleanor Roosevelt Senior Housing Cooperative opened in January 2007.
Detroit Catholic Pastoral Alliance
The Revolving Loan Fund made a $136,600 loan in 2004 to CSI Support & Development Services to build, with the Detroit Catholic Pastoral Alliance, a low-income senior housing co-op in Detroit. CSI and DCPA are revitalizing the Gratiot Woods neighborhood and the co-op is a major component of this effort. Several lots formerly occupied by grass, weeds, and abandoned houses now look like this:
Gratiot Woods Senior Housing Cooperative in Detroit