Los Angeles awards $63M for 10 affordable housing projects
Half of the projects are within LA city limits
The Los Angeles County Board of Supervisors has approved $63 million in funding for 10 affordable housing projects across the county.
The 10 projects total 684 units of housing. Five of them are located in the city of L.A., the other five are in unincorporated L.A. County, West Hollywood, Pomona, and Inglewood, according to Urbanize.
The five projects in the city of L.A. have previously received funding. New funds total around $16 million. The others will receive around $38.5 million. The money is distributed through the Community Development Commission.
Prolific affordable developers are among those receiving funding, including Meta Housing Corporation, L.A. Family Housing, and AMCAL Multi-Housing. Meta is redeveloping an SRO building in Downtown L.A. with 82 units of permanent supportive housing.
Agoura Hills-based AMCAL has built more than 2,600 affordable units across L.A. County. It received $5.2 million for a 61-unit project in Pomona. The largest project to receive money is a 111-unit development in West Carson by PATH Ventures.
All 10 of the projects in line for funding have secured money from other pools, including from Measure H and Affordable Housing Trust. Measure H, a county measure that passed in 2017, created a $1.2 billion bond measure to tackle homelessness.
Earlier this month, the county awarded $4.5 million in Measure H funds to five designers as part of a contest to design less expensive housing for people experiencing homelessness. [Urbanize] — Dennis Lynch