A third batch of Project Homekey awards announced this month by California Governor Gavin Newsom will invest $182 million to create more than 600 units of permanent supportive housing and interim housing across the state. But the vast majority of that money, and that housing, will be located in Los Angeles County.
Homekey Round 3 funding announced on December 20 will go to seven different projects, administered by Los Angeles County and Los Angeles City agencies, generating more than 500 combined residential units. They include acquisitions of existing multifamily properties, as well as rehabilitations of motels, ranging from the South Bay to the Antelope Valley.
The projects include:
The Weingart Primrose - A project in partnership with the Weingart Center and Valued Housing, which will convert a motel in Carson into 107 apartments - including 106 units of permanent supportive housing. More than $34 million was awarded to the project.
Knight's Inn Palmdale - A project with Hope the Mission which will convert a motel in Palmdale into 100 apartments, including 99 units of permanent supportive housing. The total investment through Homekey is approximately $28.6 million.
4065 Oakwood - The Housing Authority of the City of Los Angeles will acquire an existing apartment building at 4065 Oakwood Avenue in East Hollywood for $18.2 million to create 67 units of permanent supportive housing.
Lancaster Pathway Home - Los Angeles County will receive $27.6 million to acquire a motel in Lancaster to transform it into 102 units of interim housing.
4818 N. Sepulveda Boulevard - an existing apartment building in the San Fernando Valley will be converted into 34 units of permanent supportive housing. Homekey funding awarded to the project includes nearly $9.4 million.
The Weingart Shelby - Weingart Center and the City of Los Angeles will receive nearly $26.6 million to convert an existing motel into 78 units of interim housing.
3705 McLaughlin Avenue - HACLA has been awarded $7 million to acquire and convert an existing apartment building at 3705 McLaughlin Avenue in Mar Vista into 24 units of permanent supportive housing with one manager's unit.
Approximately $513 million in funding remains in the third round of Project Homekey. Applications are still being reviewed, and new awards will be announced until available money is exhausted.
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