Residential
Los Angeles
Long Beach loans developers $6.1M for affordable apartments
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Nonprofits get $83M in federal money to build 400 homes in LA County
Funds flow to Long Beach, Compton, Willowbrook, Boyle Heights and Santa Monica
From left: Linc Housing CEO Rebecca Clark and Jamboree Housing president and CEO Laura Archuleta along with renderings of 1634 20th Street in Santa Monica, 12611, 12617, and 12625 South Willowbrook Avenue in Willowbrook, 101 East Pacific Coast Highway in Long Beach and 2201 East 1st Street in Los Angeles (Getty, Jamboree Housing, Linc Housing, D33 Design and Planning, Atelier Cory Henry/KFA Architecture, Koning Eizenberg Architecture)
A state housing department has awarded $83 million in federal funds to six nonprofit developers to build more than 400 affordable apartments in Los Angeles County.
The funding by the California Department of Housing and Community Development comes out of $185 million in federal grants to build 18 affordable housing complexes with 1,284 apartments for extremely low-income households across the state, Urbanize Los Angeles reported.
In Los Angeles County, the allocations from the National Trust Fund will support six projects in Long Beach, Compton, Willowbrook, Boyle Heights and Santa Monica. The money comes from both the 2022-2023 and 2024-2025 funding rounds.
Jamboree Housing, based in Irvine, was awarded $23.5 million to build The 101, a five-story, 52-unit affordable complex at 101 East Pacific Coast Highway in Long Beach. The gray building will include one- and two-bedroom apartments above parking for 20 cars.
The Coalition for Responsible Community Development, based in Downtown Los Angeles, received $15.4 million to build The Garvey, a 75-unit affordable complex at 1434 West Compton Boulevard in Compton.
Linc Housing, based in Long Beach, was awarded $8 million to build the Willowbrook 3, a three-story, 51-unit affordable complex at 12611, 12617 and 12625 South Willowbrook Avenue in unincorporated Willowbrook. The white building will have a ground-floor community room.
A Community of Friends, based in Koreatown, was awarded $17.7 million to build Estrella Azul, a four-story, 80-unit affordable complex at 2201 East 1st Street in Boyle Heights. The beige and white building will replace the Las Palomas Hotel, and include supportive services.
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Mercy Housing California, based in San Francisco, was awarded $13.6 million to build a five-story, 82-unit affordable complex at 300 Alamitos Avenue in Long Beach.
Venice Community Housing, based locally, was awarded $14.7 million to build a seven-story, 78-unit affordable complex at 1634 20th Street in Santa Monica, above parking for 26 cars.
— Dana Bartholomew