The South Bay Regional Housing Trust Commits to First Project: A $6 Million Loan for Hawthorne Affordable Housing Complex
The newly formed South Bay Regional Housing Trust (SBRHT) board of directors voted at its second meeting on May 21, 2026, to commit a $6 million loan toward the Cordary Avenue Apartments project in the City of Hawthorne. The commitment is the first funding allocation from $7.9 million in Los Angeles County Affordable Housing Solutions Agency (LACAHSA) funds earmarked annually to the South Bay through LACAHSA’s Production, Preservation and Ownership Program funded by Measure A.









