Mission
THE EXPRESS PURPOSE OF THE CORPORATION SHALL INCLUDE EXPANDING THE OPPORTUNITIESAVAILABLE TO LOW AND MODERATE INCOME PERSONS TO OBTAIN AFFORDABLE, DECENT, SAFEAND SANITARY HOUSING IN THE CITY OF LOS ANGELES; PROVIDING SUCH HOUSING FORNON-PROFIT AND COOPERATIVE OWNERSHIP THROUGH THE REHABILITATION OF EXISTINGBUILDINGS AND THE CONSTRUCTION OF NEW BUILDINGS; AND ASSISTING LOW AND MODERATEINCOME PERSONS AND GROUPS IN DEVELOPING MANAGEMENT SKILLS NECESSARY FOR THESUCCESSFUL OPERATION OF SAID HOUSING.