More than 800 units of affordable housing can be built with grant funding Los Angeles received Friday from the state, according to the city’s Housing and Community Investment Department.
The money will be used for several affordable housing projects consisting of 824 units, of which 709 units will be dedicated for low-income and extremely low-income households, HCIDLA said.
The grant from the state’s strategic growth council allocates $58 million for new affordable housing construction and $27 million for transit-related projects, including 11.7 miles of pedestrian and cycling improvements.
“HCIDLA is thrilled to receive these valuable dollars in support of the city’s ongoing efforts to combat climate change while ensuring critically needed affordable housing,” General Manager Rushmore D. Cervantes said.
Transit projects include Hollywood Arts Collective, Jordan Downs Phase S3 & Watts Pedestrian Bike District, Manchester Urban Homes, Vermont Manchester Transit Priority Project, Weingart Tower and Skid Row transportation safety.
The funding amount is the largest ever provided to the city by the grant program the city.
More information about HCIDLA programs and services can be found at hcidla.lacity.org.
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