Disneyland Resort Announces $5 Million Grant to Support Housing Plans in Anaheim
Orange County Business Council announced the launch of the revitalized Orange County Housing Trust, a non-profit organization dedicated to increasing the supply and availability of affordable housing units in Orange County. The Disneyland Resort has stepped up as the first private donor, giving the OCHT a $5 million grant that will support projects in Anaheim. The grant from Disneyland was needed in moving The Manchester Project, a 102-unit affordable housing development, into its final phase of funding and to groundbreaking in 2020.
“Communities need permanent supportive housing to help address homelessness and the housing affordability challenges impacting nearly every city throughout California,” said Josh D’Amaro, President of Disneyland Resort. “We are proud to support the Orange County Housing Trust with a $5 million grant that will be focused on Anaheim-based projects and look forward to the Trust’s role in addressing this need in our community.”
The $5 million grant from Disneyland Resort is the first leadership-level commitment received by Orange County Housing Trust in support of gap financing for the acquisition, development and construction of permanent supportive and affordable housing projects in Orange County.
Source: OCBC