In a unanimous vote, the Los Angeles County Board of Supervisors moved earlier today to authorize applications for a combined total of nearly $60 million in bond financing that would go toward the construction of two affordable housing developments in Santa Fe Springs and Huntington Park. The two projects, when completed, would create a combined total of 150 income-restricted homes.
The first, slated for a property located at 13231 Lakeland Road in Santa Fe Springs, is being developed the The Richman Group. The project site, which spans approximately 4.68 acres at the intersection of Lakeland and Laurel Avenue, is approved for the construction of 102 apartments reserved for families and senior households, with social services to be provided by The Whole Child. The mix of one-, two-, and three-bedroom dwellings will serve renter households earning at or below 30, 60, and 70 percent of the area median income level.
Designed by SVA Architects, the project will feature multiple buildings ranging from two to four stories in height, featuring will also include surface parking for 149 vehicles, as well as amenities such as a multipurpose room, a club room, a fitness center, a lounge, and landscaped outdoor space.
The vote by the Board of Supervisors authorizes the project team to apply to the California Debt Limit Allocation Committee for up to $34.8 million in bonds. Pending the availability of funding, the project is set to be built over a one-year period, with a groundbreaking occurring as early as 2023.
The second development, called Huntington Square, would rise from a currently vacant lot located at 6101-6123 State Street in Huntington Park.
The developer, A Community of Friends (ACOF), is planning the construction of a new four-story building on the property, featuring 48 apartments for seniors who are veterans, low-income, and homeless. Outside of a two-bedroom manager's unit, the apartments would consist entirely of studios and one-bedroom dwellings, reserved for households earning at or below 30, 50, and 60 percent of the area median income level.
A staff report describes the building as consisting of three offset masses, centered on a shared courtyard. Parking and offices for on-site staff are located at the ground floor, while common spaces including a community room and a fitness center are located elsewhere.
ACOF will seek up to $25 million in bond funding for the project, following the vote by the Board of Supervisors.