Affordable housing projects, totaling 401 new rental units, moved forward after the Los Angeles City Council voted to authorize the Housing and Community Investment Department (HCIDLA) to fund five new developments across Los Angeles.
Most of the money going towards these projects comes from federal funds or from Measure HHH.
The vote also authorized HCIDLA to open the call for additional affordable housing projects around the city, and new regulations were approved for the Affordable Housing Managed Pipeline, which funds new construction and rehabilitation of existing residential structures. Much of the projects have already been funded, for a total of $178 million.
Flor 401 Lofts
The Skid Row Housing Trust’s latest project at 401 East 7th Street, Flor 401 Lofts will provide 99 new units of supportive housing for homeless veterans in the area. Low-income individuals with special needs from around Skid Row will also be eligible for the housing development. The project will reuse an existing industrial warehouse as its ground floor space, and offer supportive services such as on-site residential service coordinators and case managers. Total costs are estimated at $53 million.
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Florence Mills Apartments
Located at 3501 South Central Avenue, Florence Mills Apartments will be a 74 unit affordable housing development located. Nineteen units will be set aside for homeless veterans and families, and 54 units will be targeted to large families. It would also include commercial space, and some units would be set aside for disabled tenants. The project, developed by the Hollywood Community Housing Corporation, will cost $40 million.
Hartford Villa Apartments
Hartford Villa Apartments, developed by SRO Housing Corporation at 459 South Hartford Avenue, will provide 101 units of permanent supportive housing for veterans, formerly homeless individuals, and low-income individuals in Westlake. Seventy-five units will be set aside for for veterans eligible for Veterans Affairs benefits, and target individuals making between 30 percent and 50 percent of the area’s median income. It will cost $43 million.
The Metro at Buckingham
The Metro at Buckingham, developed at Meta Housing Corp. at 4030 South Buckingham Road, consists of 102 affordable rental units for seniors, half of which are meant for permanent supportive housing. According to city documents, the project will provide for 60 parking spaces including 100 bicycle parking spaces for active senior residents, and a large open community room facing Buckingham Road for a total cost of $37 million.
McCadden Plaza Youth Housing
Targeting LGBT youth, the McCadden Plaza Youth Housing project is already under construction at the Los Angeles LGBT Center’s Anita May Rosenstein Campus in Hollywood. It will provide 235 units of permanent supportive housing across multiple buildings to at-risk youth. The LGBT Center has asked for $5.5 million in funding to build additional youth housing.