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Homes & Hope eye affordable housing near Hollywood Burbank Airport

Ventura-based development firm’s $44M project would deliver 60 units to market

Homes & Hope and Burbank eye 60-unit affordable housing complex
Homes & Hope's Alexander Russell with rendering of 2321-2335 North Fairview Street (LinkedIn, Homes and Hope, Y&M Architects, Getty)

Homes & Hope wants to build a 60-unit affordable housing complex in Burbank.

The Ventura-based affordable housing developer has filed plans for the three- and four-story complex at 2321-2335 North Fairview Street, east of Hollywood Burbank Airport,  Urbanize Los Angeles reported

Homes & Hope would demolish seven single-family and multifamily buildings, including 16 affordable apartments, according to the Burbank Housing Authority.

Plans for the project, dubbed The Village at Fairview, call for a four-story building with 60 one-, two-, three- and four-bedroom apartments above an underground garage for 60 cars.

Of those, 59 apartments would be set aside as affordable, including 11 for extremely low-income households, 30 for very low-income households and 18 for low-income households, plus a market-rate unit for a manager, according to the Burbank Housing Authority.

The developer aims to use density bonus incentives to permit a larger structure than otherwise allowed by local zoning rules, according to an environmental notice. 

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Homes & Hope indicates that 15 of the apartments would  serve as permanent supportive housing, according to its website, which says it has partnered with the nonprofit Burbank Housing.

The white and mint complex, designed by Downtown L.A.-based Y&M Architects, includes numerous gables trimmed in gray, with a stone-clad first floor, central courtyard and a community room, according to renderings.

The $44 million project would break ground in January 2026 and be completed in September 2027, depending on financing, according to the city.

Homes & Hope, founded in 2023 by Alexander Russell, joined forces early last year with McCarthy Companies, an affordable housing developer based in Ventura.

Dana Bartholomew

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