An affordable housing complex catering to families and chronically homeless veterans is now rising in the Montecito Heights neighborhood of Northeast Los Angeles.

The $20-million project, known as the Marmion Way Apartments, is being developed by Palm Communities, an Irvine-based firm which specializes in affordable housing.  The four-story building is replacing a .7-acre lot which adjoins the Gold Line's Heritage Square Station.

According to a staff report from the California State Treasurer's Office, the project will offer 48 one-, two- and three-bedroom apartments reserved for families and individuals making between 30% and 60% of the Los Angles Median Household Income.  Rents in the Marmion Way Apartments would range from as little as $458 for a one-bedroom unit to a maximum of $1,272 for a three-bedroom unit.

Architectural renderings depict the project as a typical apartment block, featuring a pitched roof and exterior balconies.

Construction of the apartments began in May 2015, but a precise completion date is currently unknown.

Image via PATH Ventures
Image via Google Maps

From the Web

h.Club LA Takes Shape at Hollywood & Vine

The social club is scheduled to open in 2018.

At Hollywood and Vine, a blue construction crane towers above the former Redbury Hotel, as the Los Angeles outpost of the London-based Hospital Club takes shape.

Dubbed h.Club LA, the five-story property will offer "dedicated space for artists and entrepreneurs to connect and collaborate."  Other offerings will include space for musical performances, film screenings, album launches, and other events.  Plans also call for 36 bedrooms and amenities such as a rooftop restaurant, an outdoor pool deck,