Late last month, the California Strategic Growth Council announced awards of $757 million in funding for through the seventh round of its Affordable Housing and Sustainable Communities program (h/t Streetsblog). Among that total is just over $187 million slated for five projects located in Los Angeles County which will help create more than 850 homes - the vast majority of which will be deed-restricted affordable units.
According to a city news release, the Affordable Housing and Sustainable Communities program has thus far provided $494 million to the City of Los Angeles, supporting 39 developments and a total of 4,338 new housing units. Of that total, more than 4,000 have been income-restricted.
Aerial view looking south from above Crenshaw BoulevardCrenshaw Crossing
The largest recipient in the Los Angeles area, and in the entire state, was the Crenshaw Crossing project, a joint venture between the Watt Companies, West Angeles Community Development Corp., and Richman Group. Planned for Metro and Los Angeles County-owned properties adjacent to Expo/Crenshaw Station, the project would consist of two buildings featuring a total of 401 studio, one-, and two-bedroom apartments, a roughly 22,000-square-foot grocery store, 15,000 square feet of general retail space, and parking for 502 vehicles.
The $49.9 million in new state funds will go toward 176 affordable homes within the project, as well as resident amenities such as fitness center and outdoor spaces, and public realm improvements including 10 miles of new bike lanes, crosswalk repairs, and sidewalk repairs.
Downtown Women’s Center Campus Expansion
View of 501 E 5th Street development looking northeast from 5th and San Pedro StreetsKFA Architecture
The second largest L.A.-area recipient was GTM Holdings, which has secured $41.1 million for an expansion of the Downtown Women's Center campus at 501 E. 5th Street in Skid Row.
The proposed project at the northeast corner of 5th and San Pedro Streets calls for building a seven-story structure with 97 units of permanent supportive housing and one manager's apartment. The income-restricted units are to be reserved for victims of domestic violence and women experiencing homelessness, who will receive supportive services through the Downtown Women's Center.
In addition to housing, the money will allow for the Department of Transportation to build two miles of new bike lanes to connect the Arts District and Skid Row, as well as 2,169 feet of new sidewalk.
View looking southwest from 7th Street and New Hampshire AvenueKTGY
Non-profit developer Bridge Housing Corp. has secured $31 million for its at 701 S. New Hampshire Avenue in Koreatown. The project, which is being developed in partnership with landowner Children's Institute International, Inc., will redevelop a portion of the Children's Institute's Mid-Wilshire Campus through adaptive reuse and the construction a new six-story apartment building. The completed project would feature 95 residential units - half of which would be reserved as permanent supportive housing - with 12 parking stalls.
In addition to the affordable housing, the money awarded to Bridge's project will go toward a childcare center, a community room, and a services hub, as well as the purchase of zero-emission vehicles by the City of Los Angeles.
Metro at Florence
Rendering of Metro @ FlorenceLos Angeles County
Meta Housing Corp. and Los Angeles County will receive $30.8 million for the Metro at Florence Development, planned at 7220 E. Maie Avenue in the unincorporated community of Florence-Firestone.
The project, slated to replace a car wash next to the A Line's Florence Station, would consist of a six-story building featuring 160 apartments - including 158 affordable units. The money awarded by the state will also cover the cost of supportive services, laundry facilities, outdoor recreation areas, and the purchase of nine new zero emission buses.
Peak Plaza Apartments
306 E Washington Boulevard Google Street View
The final Los Angeles-area project to receive funding is the Peak Plaza Apartments, a proposed development from Hollywood Community Housing Corp. at 306 E. Washington Boulevard just south of Downtown The $34.5 million in funding awarded to the project will go toward the construction of a new seven-story building featuring 104 studio, one-, two-, and three-bedroom apartments above 1,581 square feet of ground-floor commercial space and ground-level parking for 53 vehicles. Additionally, plans call for the construction of a new east-west bikeway, the reconstruction of crumbling sidewalks, and improvements to a pair of unspecified nearby bus lanes.
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Looking for affordable housing? Visit lahousing.lacity.org/aahr and housing.lacounty.gov
