Plans for a new low-income housing complex in Boyle Heights took a step forward last week, when the East Los Angeles Community Corporation (ELACC) began the process of relocating a 121-year-old home near the the Gold Line's Soto Station.

The Peabody Werden House, built in 1895, will move to a vacant lot across the street on June 30, where it will be restored and reactivated for the surrounding community.

In its place, ELACC intends to construct the Cielito Lindo Apartments, a $23-million development which would include 50 one-, two- and three-bedroom dwellings and 5,000 square feet of ground-floor retail space.  The six-story building would also include an 8,500-square-foot penthouse level, which would house offices for its developer.

Records from the California State Treasurer's Office state that units in the new building will be targeted for households making between 30% and 50% of the Los Angeles area median income.  Rents will range from as low as $458 per month for a one-bedroom unit to as high as $1,060 per month for a three-bedroom apartment.

As designed by Gonzalez Goodale Architects, the project will include a number of green features, including a cool roof, a solar thermal domestic hot water system and energy star rated appliances.

Previously published reports have indicated that the project is scheduled to be completed in Summer 2017.  A second phase would follow on an adjacent property.

According to the Los Angeles Times, ELACC has entered into an agreement which would allow residents displaced by the Cielito Lindo development to return when the building is completed, even in the event of credit troubles or a lack of income.