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.

Interested in finding affordable housing? Visit housing.lacity.org.