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Los Angeles

Garcetti signs off on seven affordable housing projects

The proposals are part of the September 2016 Call for Projects

Rendering of Bridge Housing Corp.'s Jordan Downs project with Mayor Eric Garcetti (Credit: Bridge Housing)
Rendering of Bridge Housing Corp.'s Jordan Downs project with Mayor Eric Garcetti (Credit: Bridge Housing)

Mayor Eric Garcetti requested Tuesday that six new projects be added to the Los Angeles Housing Community Investment Department (HCIDLA)’s Affordable Housing Managed Pipeline, city documents show. If approved by City Council, the projects would provide a total of 562 affordable housing units.

The projects are a result of the September 2016 Call for Projects initiative to solicit new affordable housing developments.

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The recommended six projects will require $8.5 million in HCIDLA funding. Out of the 562 units, 292 will help house the homeless and another 270 will be multifamily units.

The projects the mayor approved include Abbey Road Inc.’s 100-unit Sun Commons, three separate Meta Housing Corp. projects, the next phase of Bridge Housing Corp.’s Jordan Downs project, Skid Row Housing Trust’s Flor 401 Lofts and Thomas Safran & Associates Development’s Anita May Rosenstein Center project. HCIDLA also recommended continuing the development of the Metro at Buckingham, a mixed-use Meta Housing project in Baldwin Hills/Crenshaw area.

The number of projects in the HCIDLA pipeline will rise from 16 to 23 if City Council signs off.

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Affordable HousingCommercial Real EstateEric Garcetti