Affordable housing developers are proposing a flurry of projects in housing strapped Los Angeles, and one of the most prominent has been the Coalition for Responsible Community Development.
The nonprofit is adding another project to the mix. It wants to build a pair of mixed-use affordable housing complexes in South Los Angeles that would total 112 units, according to Urbanize.
CRCD is planning the two developments on Main Street between 67th and 68th streets, according to the report. It is seeking a total of $35.7 million in federal funding for the two developments.
There will be several facilities and services for the community at the two buildings, including case management offices, gyms, a child-care center, a dance studio, and cafes. There will also be courtyards, community rooms, and lounge areas.
The company also broke ground on a 50-unit project one block south of the site. That project is a joint venture with frequent partner L.A. Family Housing. They’re also developing a 32-unit project in Florence. Last month CRCD filed plans to convert three Downtown L.A. buildings into affordable housing with commercial space.
A recent state-level analysis determined that L.A. County needs more than half a million affordable units to meet local demand. Around 58 percent of “low-income” households pay more than 30 percent of their paycheck towards rent. [Urbanize] – Dennis Lynch