$39M Affordable Housing Breaks Ground in LA
- Jun 13, 2018
Following the debut of the 72-unit Zinnia, an affordable community in Signal Hill, Calif., Meta Housing Corp. has kicked off construction on Whittier & Downey SE, a 71-unit affordable housing community in East Los Angeles. The new development will feature permanent supportive housing and 3,400 square feet of community-serving retail.
The $38.6 million development is part of a two-phase project. The first phase is slated for completion by fall 2019 and the second phase is expected to break ground at the beginning of the same year.
Transit-oriented and sustainably designed community
Located at 4200-4224 Whittier Blvd., the development will be adjacent to the Los Angeles Metro Line 18, less than a mile from East Los Angeles Doctors Hospital, El Camino Real Library and Salazar Park. The property will comprise a mix of one-, two- and three-bedroom apartments and 35 of the total units will be reserved as permanent supportive housing. Whittier & Downey SE will be developed according to LEED Gold standards.
Communal amenities will include:
- barbecue area
- edible container garden
- community room
- tot lot
- bicycle storage
- on-site laundry
“We place a heavy emphasis on both creating walkable communities that are in close proximity to transit hubs and that are sustainably designed,” said Aaron Mandel, executive vice president at Meta Housing, in a prepared statement.
The community received financing from California Tax Allocation Committee, California Housing Finance Agency, Community Development Commission of the County of Los Angeles, Los Angeles County Departments of Health Services and Mental Health, Brilliant Corners and Bank of America Merrill Lynch.
Image courtesy of Meta Housing Corp.