Affordable Housing PartnersAffordable Housing Partners

New Life Economic Development, Inc.

Los Angeles, CA

Profile last updated May 28, 2026

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Property management — 4 TCAC LIHTC projects, 206 LI units managed

Property Manager
New Life Economic Development, Inc. manages 4 Low-Income Housing Tax Credit (LIHTC) projects across 2 California counties, with 206 affordable units under management. Data sourced from the California Tax Credit Allocation Committee (TCAC).

Website

LIHTC Track Record

TCAC LIHTC award data through 2025.

Note: Counts reflect only projects financed through the TCAC Low-Income Housing Tax Credit (LIHTC) program. Affordable housing developed through other sources — HOME loans, Section 8 contracts, USDA programs, or bonds without a tax credit award — is not included and may explain differences from this organization's own project count.

187
LI Units Built
3
TCAC Projects
80
Sole Sponsor
107
JV Units
🔍

3 projects total

LIHTC project history
ProjectCityRoleLI Units
River Garden ApartmentsExtendedNeedlessole_sponsor80
Paradise ArmsJVPlaced In ServiceLos Angelesco_sponsor42
FIGUEROA SENIOR HOUSINGJVPlaced In ServiceLos Angelesco_sponsor65

Source: TCAC LIHTC Awards + HCD APR · See all California builders →

Property Management Track Record

Portfolio data sourced from the TCAC Active Projects registry. Reflects LIHTC projects only — other subsidized housing programs are not included.

206
LI Units Managed
4
TCAC Projects
2
Counties

See full property manager rankings →

Updates

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