A vote taken yesterday by the Los Angeles City Council moves eight supportive housing developments slightly closer to reality.
The projects, which come from four different developers, were selected for funding through the $120-million Measure HHH Housing Challenge - where applicants have been tasked with finding faster, lower-cost approaches to building supportive housing. The eight developments considered yesterday will result in 280 apartments with a $36.5 million in Measure HHH Funding. With an estimated cost of $91.5 million, amounts to an average per-unit cost of roughly $327,000.
The City Council vote taken on May 5 authorizes the City's Housing and Community Investment Department to financial commitments and development agreements with the four firms. A report back is scheduled to occur within 180 days.
15319 Wyandotte Street
San Francisco-based non-profit Brilliant Corners is poised to receive $2.75 million in Measure HHH funds for the construction of permanent supportive housing at 15319 Wyandotte Street in the San Fernando Valley. Plans call for the adaptive reuse of an existing self-storage facility into 22 apartments reserved for homeless persons, as well as a community room, a case management office, and an outdoor seating area.
The Measure HHH funding will be leveraged with low income housing tax credits and a conventional bank loan, accounting for a total budget of roughly $9.4 million.
Construction is expected to begin in December 2020 and conclude by October 2021.
16015 Sherman Way
In the Lake Balboa neighborhood, Daylight Community Development has teamed with Decro Corporation and the Downtown Women’s Center to develop supportive housing at 16015 Sherman Way. The project, which is slated to receive $6.3 million in Measure HHH funding, will consist of a four-story building containing 46 residential units reserved for homeless women and survivors of domestic violence. Plans call for a mix of studio, one-, and two-bedroom dwellings with amenities such as a community room, a courtyard, and a rooftop patio.
The Measure HHH funds would be combined with other funding sources to account for a total project budget of $16.8 million - or roughly $367,000 per unit.
Construction is scheduled to begin in December 2020, with completion anticipated by December 2021.
The project is designed by Studio One Eleven.
1043 S Harvard Boulevard
Another project from Daylight Community Development, located in Koreatown, would replace two single-family homes at 1043-1051 S Harvard Boulevard.
The proposed development would consist of a four-story edifice - composed of prefabricated modular units - featuring 47 studio and one-bedroom apartments in addition to community space, a courtyard, a rear yard, and a rooftop patio.
Daylight is expected to receive $8.26 million in Measure HHH funding for the project, contributing to a total budget of $18.3 million. The per-unit cost for the project is approximately $398,000.
Construction is scheduled to begin in February 2021 and conclude in February 2022.
The project is designed by Studio One Eleven.
11604 Vanowen Street
A third project from Daylight Community Development is slated for a property located at 11604-11616 Vanowen Street in North Hollywood. Plans call for razing an auto repair shop to make way for a three-story, 49-unit apartment building composed of shipping containers and wood-frame construction. The project would also include a courtyard, a laundry facility, community rooms, supportive services, and a kitchen.
The approximately $18.3-million development (roughly $375,000 per unit) is expected to break ground in November 2020 and open in November 2021.
The project is designed by Studio One Eleven.
724 Lagoon Avenue
In Wilmington, FlyAway Homes has requested $3.4 million for the construction of a supportive housing at 724-728 N. Lagoon Avenue. The proposed development, which would replace a single-story commercial building and a parking lot, calls for the construction of a multi-story building containing 34 two-bedroom apartments for homeless persons. The building would also feature a community room, social services offices, a dog run, and an outdoor amenity space.
The total development cost for the project is $12.7 million, or approximately $363,000 per residential unit.
Construction is expected to begin in Fall 2020 and conclude shortly afterward.
405 Westlake
Restore Neighborhoods LA is expected to receive $2 million in Measure HHH funds for a supportive housing development at 405 N. Westlake Boulevard in Historic Filipinotown. The proposed project would consist of replace a single-family home with 19 apartments and social services.
The total cost of the project is roughly $3.95 million, resulting in a per-unit price tag of less than $200,000.
Construction is scheduled to begin in December 2020 and conclude by December 2021.
1408 W 62nd Street
A second project from Restore Neighborhoods LA would rise at the corner of 62nd Street and Normandie Avenue in South Los Angeles. Plans call for razing a single-family home and small commercial structure to make way for a two-story, 19-unit apartment building with wraparound services for residents.
Restore Neighborhoods is slated to receive $2 million in Measure HHH funding for the project, which has a total cost of $3.95 million - a per-unit cost of under $200,000.
Construction is scheduled to begin in February 2021 and be completed in February 2022.
5900 S Figueroa Street
A third project from Restore Neighborhoods LA, slated for a property at 5900 S. Figueroa Street, would replace a single-family home with a two-story, 39-unit apartment building with wraparound social services.
$4 million in Measure HHH Challenge funds would be set aside for the project, which is expected to cost $7.9 million. The per-unit cost for the project is under $200,000.
A groundbreaking is expected in April 2021, with completion scheduled to occur by April 2022.
