Advertisement

Another affordable housing complex is set to rise along the path of Metro's new Crenshaw/LAX Line

The latest development, slated for a site at 6501 Crenshaw Boulevard, comes from an entity known as Hope on Hyde Park, LP and the Foundation for Affordable Housing.  Plans call for the construction of a 90-unit rental complex featuring studio and one-bedroom apartments at a site that is currently occupied by a church.

The project team is seeking $25 million in state bond revenue to finance land acquisition and the construction of the project, in addition to Federal low-income housing tax credits.

City Councilmember Marqueece Harris-Dawson, who represents the surrounding Hyde Park community, introduced a motion earlier this month that calls for the City to waive its Multi-family Bond Policy to allow for a release of the funds.  His motion was adopted by the full Council yesterday.

Besides the proposed Hope on Hyde Park development, other planned affordable housing projects in the area include a 70-unit senior development planned at 54th Street and Crenshaw, and the 43-unit Depot at Hyde Park at 6527 Crenshaw.

Just two blocks west of 6501 Crenshaw, construction is currently underway for a 51-unit mixed-income apartment building.

6501 Crenshaw Boulevard. Image via Google Maps.
6501 Crenshaw Boulevard. Image via Google Maps.

Proposed Apartment Building Near Van Nuys Boulevard Faces Appeal

The proposed development calls for a four-story building with 27 residential units.
bar

This week, the Los Angeles City Planning Commission is scheduled to consider an appeal of a proposed multifamily residential development near the Van Nuys Civic Center.