Affordable housing is coming to an empty lot in the unincorporated community of Mayflower Village.
Affirmed Housing Group of San Diego, the developer behind the project at 4217 E. Live Oak Avenue, intend to break ground later this year on Elara, a $50-million complex consisting of 95 studio, one-, and two-bedroom apartments with 23 parking spaces.
According to a project website, the apartments are to be rented by low- and very low-income households.
Renderings depict Elara as a Mediterranean-style building standing six stories in height.
An outreach presentation indicates that Solari Enterprises, Kingdom Service Providers, and The People Concern are also attached to the project, which will be financed by public sources and private financing via Banner Bank and Redstone Equity Partners.
Completion of the building is expected in early 2028.
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Looking for affordable housing? Visit lahousing.lacity.org/aahr and housing.lacounty.gov
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