What sort of relationships does HACLA have with private and community-based housing developers?
We administer the largest shelter-plus-care program in the nation. Shelter-plus-care is a program that has helped house approximately 6,000 families over the last ten years, and we provide rental subsidies to nonprofits throughout the city that have developed units. That is targeted specifically at homeless families that these nonprofits have been able to assist. We provide the rental subsidy, which bridges the gap and allows the nonprofit to offer a whole range of services, in addition to the housing. HACLA gets the majority of its funding from the federal government, and the Bush administration has not emphasized housing. What are HACLA’s financing needs as it tries to meet the region’s demand for affordable housing? The demands on our funding create the imperative to make the best use of the taxpayer’s dollar. With that, I’m happy to report that over the last year-and-a-half, we’ve begun a major financial turnaround at HACLA. We’ve gone from a rather significant loss in 2004 to gene