Casa Loma has twenty-four hour security, with a security guard on duty at all times. In addition, the rent structure was set up to make it affordable to low-income families. Population density in the Belmont area is at a record high with 134 people per square acre. Affordable rental housing in this area is scarce, as are larger, three bedroom apartment units. Most families live in overcrowded conditions, and many feel obligated to take in family members or friends new to the area.
Many residents are illiterate in English and some are illiterate in Spanish.
The goal of Casa Loma was to provide a safe, affordable housing community with on-site supportive services that would empower its residents with the tools to break out of the cycle of poverty. Describe the financing of the project. This perspective is what makes NEW the only nonprofit economic development corporation of its kind in the country.