The State of California has awarded nearly $57 million in funding for nine affordable housing developments in the City of Los Angeles.
The money, which comes from the California Department of Housing and Community Development, will go toward multifamily rental developments that include supportive services for homeless youth, disabled persons, and the chronically homeless. Supportive services include employment training and placement, educational assistance, financial counseling, legal counseling, domestic violence support, and meal support.
"A home is where your life is centered, where you raise your kids, a place you open to your loved ones. We often take for granted our own support systems that have helped us all remain stable in our own homes," said HCD Director Ben Metcalf. "This program creates that stability for our neighbors once they have a home. These awards will help those most in need, while promoting healthy communities of opportunity."
The nine Los Angeles project will create over 500 units of affordable and permanent supportive housing. They include:
The four-story, 103-unit development from Abbey Road, Inc. would replace five single-family dwellings and two school buildings at the intersection of Clybourn Avenue and Dubnoff Way in Sun Valley. Sun Commons would cater to households making at or below 30 and 60 percent of the area median income.
The $6.72 million awarded by the State of California would go toward 51 units of permanent supportive housing within the project.
PATH Villas Montclair-Gramercy
PATH Ventures is planning a five-story development containing 45 studio apartments and ground-floor retail space at 4220 Montclair street in West Adams.
The State funding - totaling $6.44 million - will supplement $5 million already provided to the project by Los Angeles County.
Atlanta-based developer Integral Group - in coordination with the Coalition for Responsible Community Development - is planning a three-story, 61-unit apartment complex at 11731-11739 Holmes Avenue in Willowbrook. Ashley Willowbrook will be priced for households earning 30 and 60 percent of the area median income, with 27 units to be occupied by transition age and homeless youth, and 10 to be occupied by homeless individuals.
The State has awarded $4 million to fund the 37 permanent supportive housing units, adding to $15 million in bond financing that has already been approved for the project.
Talisa Apartments, Solaris Apartments, and Serenity Apartments
Domus Development was awarded approximately $16.8 million in funding for three projects located in Panorama City and Koreatown. They include:
- The Talisa Apartments - a four-story, 49-unit development planned at 9502 N. Van Nuys Boulevard;
- The Solaris Apartments - a five-story, 43-unit development 1141-1145 S. Crenshaw Boulevard; and
- The Serenity Apartments - a 75-unit development planned at 923-937 S. Kenmore Avenue.
Decro Corporation has filed plans with the City of Los Angeles to redevelop three parcels at 418-430 Firmin Court with a seven-story development featuring 45 units of permanent supportive housing and 19 apartments for low-income households.
Approximately $5.67 million in funding was awarded to the project.
6th and San Julian
Mercy Housing of California is pursing the development of affordable housing in Downtown Los Angeles. The building, located at the northeast corner of 6th and San Julian Streets, would be converted into 94 residential units - including 50 units of permanent supportive housing.
The Housing and Community Development Department awarded $14.58 million in funding for the project, which has an estimated budget of $54 million.
Non-profit developer Many Mansions is seeking to build a four-story, 26-unit affordable housing development in the Sunland-Tojunga neighborhood. The LOHA-designed project would feature a terra cotta shingle exterior and multiple open-air decks carved into the structure.
The Housing and Community Development Department awarded $2.4 million in funding for 12 planned units of permanent supportive housing. The total project budget is approximately $12.6 million.
Interested in finding affordable housing? Visit housing.lacity.org.
