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New 56-Unit Affordable Housing Project Proposed Near Leimert Park Station

New 56-Unit Affordable Housing Project Proposed Near Leimert Park Station

Los Angeles, CaliforniaSource: Urbanize LA
MarketsPolicyZoning

An application has been filed with the Los Angeles Department of City Planning for a new affordable housing development at 4345 S. Crenshaw Boulevard in Leimert Park. The project, spearheaded by non-profit developer Venice Community Housing, proposes a five-story building featuring 56 apartments. All units, save for a mandatory manager's residence, will be reserved for low- and moderate-income renters.

The development, designed by Bay Area architecture firm Designing Justice+, will also include 1,974 square feet of ground-floor commercial space and 11 parking spots. Venice Community Housing is leveraging several affordable housing bonus and streamlining measures in its application, reflecting a broader trend of utilizing such incentives to address the housing crisis. This site, formerly a commercial building, is strategically located near the K Line's Leimert Park Station, aligning with transit-oriented development goals.

This project contributes to a growing number of developments in the vicinity of the Leimert Park Station, including other mixed-use and workforce housing initiatives. For developers and lenders, this exemplifies how strategic site selection near transit and the effective use of density bonuses can facilitate the creation of much-needed affordable housing in urban centers.

Topics

affordable-housingleimert-parklos-angeles-city-planningtransit-oriented-developmentvenice-community-housing

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