The Chapel Avenue Apartments, which will rise from a city-owned site located at 103 N. Chapel Avenue, calls for the construction of a five-story building which will feature 44 apartments.
The San Gabriel Valley Tribune reports that half of the new apartments will be set aside for households earning between 30 and 60 percent of the area medium income level, while the remaining apartments will be set aside for formerly homeless at-risk transition age youth.
Besides housing, plans also call for a ground-floor community space, a rooftop deck, and on-site supportive services provided by LifeSTEPS.
Rents for the approximately $35.8-million project will range from $625 to $1858 per month, according to The Tribune.
Completion of the apartment complex is expected in late 2024.
Other upcoming affordable housing developments from Related California include the Rose Hill Courts redevelopment in Montecito Heights and a proposed 335-unit complex in Downtown Los Angeles.
Follow us on social media:
- Alhambra (Urbanize LA)