Skid Row Housing Trust has taken an important step forward in its effort to construct a new permanent supportive housing development at the northeast corner of 7th and Wall Streets - its second project at the intersection.

The proposed Flor 401 Lofts development, announced in 2015, would consist of a six-story building featuring 100 residential units to house chronically homeless individuals, homeless veterans, and low-income persons with special needs.  Plans call for studio apartments, as well as one manager's unit.

Koning Eizenberg Architecture is designing the mid-rise building, which would reuse an existing warehouse on the property and add five floors of new construction above.  A rendering portrays a contemporary look and feel for Flor 401, with apartments wrapping around an elevated courtyard.

Per a noticed yesterday by the City of Los Angeles' Housing and Community Investment Department, the City hopes to submit a request to the U.S. Department of Housing and Urban Development for the release of approximately $10.7 million in federal funding for the project later this month.

Skid Row Housing Trust will also tap Measure HHH funds for the development.  The ballot measure passed by voters in the City of Los Angeles in November 2016 will provide $1.2 billion for projects such as Flor 401 over the next 10 years, in the hopes of creating 10,000 units of permanent supportive housing.

Late last year, Skid Row Housing Trust cleared the small property located opposite Wall Street, which is slated for a similar development known as the 649 Lofts.  That project, a seven-story building designed by Abode Communities, will offer 55 residential units and a health clinic on its ground floor.

A timeline and precise budget for Flor 401 has not been announced, although construction is expected to begin during 2018.

Skid Row Housing Trust is currently pursuing several other projects within the Downtown area, including a similar building at 7th and San Pedro Streets that would include 81 housing units.  Two blocks north on 5th Street, the developer is teaming with architect Michael Maltzan on a 14-story, 150-unit development that would replace the St. Marks and Crescent Hotels, both of which were converted to residential use in the 1990s.

Other affordable housing developments in the neighborhood include twin high-rise buildings proposed by the Weingart Center, both slated for the corner of 6th and San Pedro Streets.  The pair of 19-story towers, featuring hundreds of residential units, would replace a City-owned parking lot and a small building that abuts Weingart's existing facility.

Market rate towers are also planned across 7th Street from the project site, with including a 33-story apartment tower by Realm Group and a 15-story mixed-use project at the Southern California Flower Market.