Affordability & Unit Mix:
2 Bedroom: 40
3 Bedroom: 24
The property participates in the Housing Authority of the City of Los Angeles’ Permanent Supportive Housing Program. Each unit receives a Section 8 rental subsidy that enables residents to pay 30% of their actual household income for rent. Target regulatory affordability is 30%, 35% and 50% of area median income.
Financial Plan & Partners:
Financial assistance was provided by several public agencies and the Federal low income housing tax credit program.
The property was developed by Affordable Housing CDC Inc. and Watts Labor Community Action Committee through the Greater Watts Development Corporation, its subsidiary.
Completion Date: June 2010