Construction has commenced for a $26.6-million affordable and supportive housing complex in South Los Angeles, general contractor R.D. Olson Construction announced earlier this month.
The project, called the Chesterfield Apartments, will rise from a property at the northwest corner of 48th Street and Normandie Avenue in Vermont Square, replacing a surface parking lot. Approved plans call for a five-story edifice featuring 43 studio and one-bedroom apartments, in addition to at-grade parking for four vehicles.
According to a staff report to the California Tax Credit Allocation Committee, the apartments at Chesterfield will be set aside for households earning at or below 30 percent of the area median income. Rent for the property will be set at $548 per month.
Abode Communities designed the project, which is depicted in an illustration as a contemporary podium-type building clad with thin brick and stucco. Proposed ancillary features include a community room and a rooftop amenity deck.
Completion is anticipated in the second quarter of 2022, according to information released by R.D. Olson Construction.
Funding for the approximately $26.6-million project comes from a variety of sources, including Measure H and Los Angeles County's No Place Like Home Program.
The Chesterfield is being developed by Wakeland Housing & Development, a San Diego-based company which recently broke ground on the Amani Apartments, a larger senior affordable housing complex at Pico and Crenshaw Boulevards in Mid-City.
- Chesterfield Apartments (Urbanize LA)
Looking for affordable housing? Visit lahousing.lacity.org/aahr
