Last week, the California Strategic Growth Council approved $866 million in grant funding for affordable housing and transportation infrastructure projects across the state. Of that total, Los Angeles County is set to see more than $182 million, going toward five different projects spanning from Santa Monica to Boyle Heights.
The Los Angeles County projects receiving funding include:
The Ross Center by Linc Housing Corporation
Planned at the rear of The California Endowment's headquarters campus at 800 N. Main Street in Chinatown, the project will consist of a two-building development, including a seven-story structure featuring 124 one-, two-, and three-bedroom affordable housing units above 25,473 square feet of commercial space a separate four-story structure with 39,000 square feet of commercial space. Expected occupants include a community care facility with room for skill training, workforce development, healthcare services, art therapy, event space, and neighborhood-serving retail.
The Strategic Growth Council awarded $38.2 million in funding for the Ross Center, which could begin construction as early as 2027, according to a landing page on the Linc Housing website.
Transportation elements to be funded by the grant include 2.3 miles of new pedestrian and bike infrastructure, including gap closures, bus shelters, and traffic-calming improvements. The money will also cover the cost of the purchase of two new Metro rail cars, and programs for the Chinatown Community Land Trust, L.A. Conservation Corps, and Homeboy Industries.
1318 4th Street by EAH Housing
The Downtown Santa Monica project from EAH Housing would rise at the former site of Parking Structure 3 near the Third Street Promenade. Plans call for the construction of a six-story building featuring 122 studio, one-, two-, and three-bedroom apartments with a 20,000-square-foot ground-floor market and a two-level subterranean parking garage. The apartments are to be reserved for individuals and families earning at or below 30 and 80 percent of the area median income level.
The project was awarded just under $50 million, which is projected to break ground in 2027 and has an estimated total cost of $123 million.
Transportation-related items to be funded by the grant include pedestrian and bicycle infrastructure, new electric buses, and unlimited bus passes for residents of 1318 4th Street for a period of three years.
443 Soto Street by East L.A. Community Corporation
East L.A. Community Corp. is seeking to redevelop the former Deutsche Hospital / Lincoln Hospital site at 443 S. Soto Street in Boyle Heights with a new five-story building which would feature 138 one-, two-, and three-bedroom apartments above a ground-floor community room and art display area, as well as parking for 90 vehicles.
The Strategic Growth Council has awarded nearly $46.9 million to the project. That adds to $5 million recently awarded to the project by Los Angeles County, which will cost approximately $92.8 million to complete.
The grant money will also go toward planned service improvements on Metro's 106 Line bus, as well as anti-displacement and workforce development programs.
Alveare Terrace by Related California
Related California recently broke ground on the initial phase of Alveare Terrace at 1405 Broadway in Downtown Los Angeles, which will eventually include three buildings and more than 300 affordable housing units and a new pocket park. The project will receive roughly $47.5 million in funding through the Strategic Growth Council.
Transportation projects to be funded by the grant include roughly one mile of new bikeway, as well as the purchase of two new heavy rail cars for metro.
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See which projects received funding in the Bay Area
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