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.
Development Team:
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