In North Hills, Meta Housing Corp. has broken ground on the initial phase of a project which will result in one of the largest affordable housing complexes in the City of Los Angeles.

The project, called Mission Gateway, is now taking shape on a 4.35-acre property at 8811 N. Sepulveda Boulevard.  Plans call for a series of five-story structures featuring 356 units of subsidized affordable housing.

Togawa Smith Martin is designing the approximately 525,000-square-foot development, which is called Mission Gateway.  Renderings depict a series of contemporary podium-type buildings, which would incorporate courtyards, event space, and other recreation areas for use by residents.

Construction of the roughly $138-million housing complex is being funded in large part by tax-exempt loans and federal tax credits.  The anticipated price tag for Mission Gateway translates to a roughly $387,000 per-unit cost.


The completed development is expected to offer a mix of studio, one-, two-, three-, and four-bedroom apartments, reserved for households earning between 30 and 60 percent of the area median income.  Proposed rents would range from $514 to $1,834 per month.

Per an application for tax credit financing, completion of construction is expected in mid-2022, and full occupancy is anticipated by early 2023.

The project site, located at the southwest corner of Sepulveda and Rayen Street, was originally entitled in 2017 by a different developer seeking to build a similar 364-unit market-rate apartment complex.  However, rising construction costs led ultimately prevented that development from moving forward, leading to a sale of the property to Meta Housing Corp. earlier this year for $14 million.

Meta, which is one of Los Angeles County's most prolific developers of subsidized affordable housing, is in construction or pre-development at a slew of other projects - including sites located in Glendale, Downtown, East Los Angeles, Baldwin Hills, and Canoga Park.

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