Support PATH Ventures

Please consider a donation to help create more affordable housing and economic development opportunities for the individuals and families of Los Angeles.

We encourage you to contribute by sending a check payable to:

PATH Ventures
2346 Cotner Avenue
Los Angeles, CA 90064

PATH Ventures is a community development corporation whose mission is to improve individual lives and communities by increasing quality affordable housing and creating opportunities for economic, civic, and personal empowerment.

PATH Ventures is made possible by the generous financial support of
Enterprise Community Partners.

View Fact Sheet (PDF)

Welcome to PATH Ventures...

Current News

PATH Ventures launches the Welcome Home Fund

An ambitious fundraising drive to raise $100,000 to help over 50 homeless families move into their own homes

Goal: To establish a $100,000 fund to help homeless families and adults move into their new homes. This helps with security deposit, first and last month’s rent, and move-in assistance.

The Need Is Great. Currently, PATH Ventures has worked hard to develop a “Housing Now” program that helps families and adults with long-term rental assistance. Families pay 30% of their income towards rent. In order for families and individuals to move into these apartments, they need the upfront resources to move in—this includes security deposit, first and last month’s rent, and move-in assistance.

Over $1 million has been raised through government and foundation grants to help homeless people obtain apartments. This also includes case managers that help these new home renters with employment, life skills, mental health and substance abuse services. For every million, we need $100,000 to help people move into their new homes.

Your Support Will Make A Difference. $2,500 will move one family into a new apartment. This includes security deposit, first and last month’s rent, and move-in assistance, like furniture and appliances. Remember, these families have subsidized rent, and we have landlords willing to rent to them. All we need is the move-in expenses.

100% of the fund will go toward helping a homeless family or individual move into their new home. All administrative expenses are paid by the long-term rental assistance grant.

Join The Welcome Home Committee. By helping one family move into an apartment, you will be a member of this committee. We will send each family a welcome home card listing the Welcome Home Committee, and we will list all committee members on our website.

This Fund Works. It has helped families like Nadine and her 11 year old son Brian. Nadine suffers from depression and Post Traumatic Stress Disorder. Her son has a developmental disability. They were made homeless when the friend they were living with sold her home. Without a safe place to call home, Nadine was unable to keep her job. PATH Ventures’ Long Beach Housing Now program was able to find an apartment for Nadine and Brian and also a monthly rental subsidy and services for them. Since then, Nadine was able to get a part-time job with the local school district and is focusing on her education. She has 3 semesters remaining at California State University Long Beach in the Global Logistics program which will lead to a job that will pull her and her son out of poverty.

How to give:

Send your tax deductible contribution to:

PATH Ventures Welcome HOME Fund
2346 Cotner Ave, Los Angeles, 90064

For more information, contact:

Shane Murphy Goldsmith, Executive Director,
(310) 996-1170, ShaneG@PATHVentures.org.

Visit our website at www.PATHVentures.org

PATH Ventures Closer to Housing Goal

Over 250 Units of Housing in Development

In July 2007, PATH Ventures announced it would develop 1000 units of housing in 5 years- a very ambitious goal! Five months later, they are over a quarter of the way there.
Here's the update:

6 projects and 259 units in development.

Over half of the units will be for chronically homeless households with special needs (mental illness, substance abuse, etc). and all will incorporate on-site supportive services.

Read more

Jazz Pianist, George Kahn, returns to the CATALINA BAR & GRILL

December 5th - Jazz Pianist, George Kahn, returns to the CATALINA BAR & GRILL with a holiday performance benefiting homeless individuals and families.

The George Kahn Quintet will feature an ALL-STAR band of LA's best studio
musicians: George on piano, John Fumo on Trumpet, Pat Kelley on guitar, Karl Vincent on bass and M.B. Gordy on drums. In addition, Special Guest Vocalists, The Wright Combination and Cathy Segal-Garcia will add their singing talents to this starstudded event.

When: Wednesday, December 5th at 8:00 PM. Media invited at 6:30 PM
Where: Catalina Bar & Grill
             6725 Sunset Blvd
             Hollywood California 90028
             (323) 466-2210

View Flyer
Read More

An Innovative “Venture” to End Homelessness PATH Ventures to launch new integrated housing models for LA’s homeless

(Los Angeles) -- Local housing officials and community leaders join efforts to introduce new housing models for PATH Ventures, a nonprofit housing development agency. PATH Ventures is promoting new integrated housing models for Los Angeles County, as well as launching new efforts to build 1,000 units of permanent affordable housing over the next five years. Currently, 120 housing units are in development.

John Molloy, retired CEO of the Community Redevelopment Agency of Los Angeles, and Harreld Adams, the former Los Angeles Homeless Services Authority (LAHSA) CEO, are among other former public officials and community leaders in the housing and banking industries comprising the PATH Ventures Board of Directors.

“Los Angeles needs housing developers who will bring innovation and entrepreneurship to address our housing crisis," said Los Angeles City Council President Eric Garcetti. “I'm excited about the road that PATH Ventures is going to take us down.”

The PATH Ventures board recently appointed Shane Murphy Goldsmith as its Executive Director. Goldsmith is the former Senior Housing Legislative Deputy for Councilmember Garcetti. “Shane Goldsmith has been a trusted advisor and a friend to me for many years,” said Garcetti. “Her knowledge of housing policy is only matched by her passion for ending homelessness. I’m confident that her leadership will help PATH Ventures really make a
difference.”

“To build 1,000 units of housing over the next five years is a hefty goal,” said Julie Downey, Deputy City Attorney, City of Los Angeles (Ret.) and PATH Ventures Board President. “I am confident that Ms. Goldsmith’s extensive housing and homelessness experience combined with her background in policy will enable her to provide results-oriented leadership to lead the PATH Ventures team in the right direction.”

Other PATH Ventures Board members include notables such as Sharon Fong, Union Bank; relocation specialist Robert Shober; retired Community Development Department executive Barker Khorasanee; Public Interest Attorney Paul Freese, and Fair Housing expert Sharron Hillary.

“We are grateful to have such extensive leadership at PATH Ventures,” says Joel John Roberts, chief executive officer of PATH Partners (PATH Ventures is a member of PATH Partners. See www.pathpartners.org for more information). “The significant lack of affordable housing and the
overwhelming number of people who are homeless in Los Angeles County calls for more leadership in this area.”

As a nonprofit affordable housing and economic development agency, PATH Venture’s mission is to improve individual lives and communities by increasing quality affordable housing and creating opportunities for economic, civic, and personal empowerment. This new housing initiative is part of the agency’s strategic mission to develop more integrated housing
opportunities for people in the Los Angeles region.

Some of PATH Ventures’ integrated housing models include:

Step Housing – Residential developments that have both permanent affordable housing and temporary interim housing units under one roof. In this model, long-term rents support the operation of temporary interim housing. Temporary housing units become converted to permanent housing units after a set period of time.
Villas – Residential developments that offer housing to diverse populations of people in need, including homeless families, seniors, transitional-aged youth, adults, and chronically homeless individuals.
Direct Housing – Housing that provides immediate entry into permanent housing through a subsidized leasing program. This type of housing utilizes and coordinates existing market-rate rental housing units that are scattered throughout the community.