After three months of construction, Skid Row Housing Trust's $50-million Flor 401 Lofts development has started to climb.

The project, located at the northeast corner of 7th and Wall Streets, will consist of a six-story building featuring 97 studio apartments and supportive services.  

According to a staff report to the California Tax Credit Allocation Committee, rents at Flor 401 will be set between $473 and $788 per month.  The project will cater to the chronically homeless, including veterans, low-income persons, and special needs persons.

Koning Eizenberg Architecture is designing the project, which will have a U-shaped footprint centered on a larger internal courtyard.  Renderings depict pedestrian bridges linking the two wings of the building.

Completion of Flor 401 is expected in approximately one year.

Skid Row Housing Trust is building a similar project - the 649 Lofts - at the opposite corner of 7th and Wall Streets.  The non-profit developer is also in the midst of construction at another permanent supportive housing development at the intersection of 7th and San Pedro Street.

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