Overview

1010 Development Corporation is a faith based affordable housing developer and property manager in the tradition of the United Methodist Church. 1010 Development Corporation is the parent organization of several related nonprofit corporations and limited partnerships that comprise 1010 Development Group. For over 17 years, 1010 has developed multifamily and senior affordable housing by rehabilitating and constructing projects in difficult to develop areas in Los Angeles. It has established strong ties and relations with local and state financial institutions, housing and economic development authorities; non-profit organizations and other public agencies and entities.

1010 Development Corporation is a 501 (c) (3) non-profit corporation established to create and preserve affordable housing and does not and will not inure to the benefit of any one person. 1010 is a designated Community Housing Development Organization (CHDO), which designation confirms that 1010 has passed a rigorous screening process established by the United States Department of Housing and Urban Development Department and supervised by the Los Angeles Housing Department.  

Mission Statement

1010’s mission is to preserve, build and manage quality service-enriched affordable housing and engage in community and economic development opportunities.

1010 believes that affordable housing should be quality housing accompanied with services that empower the residents. It also believes that neighborhoods should be revitalized with economic development opportunities. It partners with nonprofit and for-profit affordable housing developers, along with local business partners and community- and faith-based organizations to provide housing and economic development opportunities for 1010’s residents and other residents of the surrounding communities.