Affordable developer’s first project will be a big one in Rampart Village

Flexible PSH Solutions is seeking bond funding for its 454-unit Enlightenment Plaza

Sep.September 23, 2019 10:05 AM
Governor Gavin Newsom and a rendering of Enlightenment Plaza
Gov. Gavin Newsom could fast-track Flexible PSH Solutions’ affordable Enlightenment Plaza project.

The first phase of a big affordable housing project is in the works in Rampart Village.

Developer Flexible PSH Solutions filed plans with Los Angeles for what will be a 454-unit permanent supportive housing development, according to records. The site is now comprised of several small commercial buildings and parking lots on Beverly Boulevard between, Juanita and Madison avenues.

Besides five manager units, all the units will be for varying brackets of low-income tenants. The first phase of the multi-building project will be around 100 units in two buildings. The project is currently named Enlightenment Plaza.

Flexible PSH head John Molloy said this is the firm’s first project, though he spent several years running the prolific affordable developer PATH Ventures.

In June, Flexible PSH asked the city to provide Measure HHH affordable housing funds for the 454-unit development. The $1.2 billion bond program is meant to fund 10,000 units of supportive housing through 2026, although the program has been slow going and has drawn criticism, including from L.A. City Controller Ron Galperin.

Jim Reis, a senior vice president at land use consultancy Craig Lawson & Co. is working with Flexible PSH on the development. He said the team could break ground as early as next June if Gov. Gavin Newsom signs a bill on his desk that would fast-track HHH projects through the state’s often sluggish environmental review process.

Flexible PSH has tapped the People’s Concern organization to run on-site supportive services, Reis said. Flexible PSH is also working on a multifamily project in Skid Row.

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