HOME-OWNERSHIP OPPORTUNITIES
TELACU develops quality homes and combines special government financing to keep the down payment as low as 3 percent and mortgage payments as low as what most people pay for rent.
Currently, townhomes with spectacular views of downtown Los Angeles are available at City View Terrace, 3711 Baldwin Ave., Lincoln Heights. For info, call (800) 881-8788 (se habla español).
RENTALS
APARTMENTS FOR LOW-INCOME SENIOR CITIZENS AND THE PHYSICALLY DISABLED. Qualified persons may receive rent reductions through this U.S. Department of Housing and Urban Development program. For more information, write to TELACU Residential Management, 5400 E. Olympic Blvd., Los Angeles, Calif. 90022.
LOANS
Community Thrift & Loan, founded in 1976 to combat the practice of red-lining, provides loans to individuals and businesses in Southern California. It specializes in construction, commercial, units and other non-conforming properties. In addition, a new program called "CT&L Plus" helps every kind of borrower find the type of mortgage loan they need. For more information, call Gene Aguilera (213) 888-0065, ext. 300.
The TELACU Revolving Loan Fund offers loans to small business owners, including those who are suffering from the effects of the Northridge Earthquake. Call (213) 721-1655.