Old Red Loop is a non-political and voluntary organization established in 1953, which aims to promote the members' common interests and improve the living environment. The organization arranges various activities and events for the local community, and contributes to a social and inclusive atmosphere. The area of Rodeløkka, where the Old Red Loop is located, is characterized by historic wooden houses, the majority of which are listed on Byantikvaren's "yellow list". This provides a unique atmosphere with preserved historic architecture, which is an important part of the area's identity.
The Velhuset on Rodeløkka is used for neighborhood gatherings and can be rented out for private events such as children's birthdays, baptisms, confirmations and other parties. The organization also works actively to oppose redevelopment plans for the development, which underlines their commitment to preserving the area's character and history. Old Red Loop thus plays an important role in maintaining and strengthening the community in Rodeløkka.