Reaffirming his commitment to provide high-quality, affordable housing, Councilman Curren Price has identified more than 10 sites in the District that will provide 500 affordable housing units to Angelenos in the next few years. Making significant progress in 2016, 160 low-income families successfully obtained affordable housing this year alone.
Currently, Council District 9 has among the highest concentration of rent-restricted affordable housing units at 7,174. Price, who serves on the City’s Housing Committee, said increasing the supply of affordable housing is a key priority for the Ninth District because it is one of the most underserved areas in Los Angeles.
“Every individual—regardless of their background, income, zip code or immigration status—is deserving of safe, clean and quality housing,” Price said. “I pledge to expand access to affordable housing to keep our neighbors from losing their homes and end up living on the streets.
“Truth is, we are facing a serious crisis in this city. Making sure our residents have a decent, affordable place to live is very important to me.”
Most recently, Councilman Price joined local children and families to celebrate the grand opening of Park Plaza—an $18-million renovation of the troubled Park Vermont housing complex. For years, the building had been inundated with issues, including crime and gang violence, leaving many residents and families unsafe in their own home.
The public/private partnership, which included The Los Angeles Housing and Community Investment Department (HCIDLA), and community partners Thomas Safran & Associates and Coalition for Responsible Community Development (CRCD), was crucial to redeveloping the 79-unit apartment complex and transforming an adjacent abandoned lot into a first-class park. Affordable and restricted rents at Park Plaza range from $760 to $1,051 per month.
“We are proud to have Councilman Price and so many community leaders as our partners to make a difference in underserved communities where we can brighten the future for children and their families,” said Thomas Safran, chairman of Thomas Safran & Associates.
Under Price’s leadership, the community also celebrated the grand opening of Paloma Terrace this October. It includes 59 units of affordable housing to local families complete with outdoor barbeque areas, play equipment, gardens, and a computer lab. The Council Office also ensured that The Lorenzo Project lived up to its promise to the community. As a result, 46 families were able to move into affordable housing units.
Councilman Price will continue to fight tirelessly to increase the District’s affordable housing stock to meet the needs of working-class families in the region. Currently, there are 10 such projects in the pipeline—more than any other Council District in the City. Once built, these developments will remain rent restricted to serve the Council District 9 low-income population for decades to come.
Recent and Future Affordable Housing Projects in CD 9 include:
1. Paloma Terrace (5000 S. Main St., 90037) – GRAND OPENING SEPTEMBER 2016! 59 units of affordable housing, which complements the 81 unit senior housing project across the street at Broadwood Terrace.
2. The Lorenzo (325 W. Adams Blvd., 90007) – ALL UNITS OCCUPIED FEBRUARY 2016! 46 affordable housing units for families in a 916 unit mixed use project.
3. Paul Williams (1010 E. Jefferson Blvd., 90011) – GROUNDBREAKING IN 2017! Renovation of a historical landmark, which will include 53 units of affordable housing and community rooms, and after school programming.
4. Casa de Rosas (2600 Hoover Ave., 90007) – GROUND BLESSING HELD AUGUST 2016! Restoration of a historic landmark into 35 units of affordable housing for veterans with wrap-around services.
5. 722 Washington (722 Washington Blvd., 90011) – 55 units of affordable housing along the Blue Line.
6. Florence Mills (3501 S. Central Ave., 90011) – 74 units of affordable housing targeted at seniors and families with community serving commercial amenities.
7. La Opinion (206. E. Washington Blvd., 90011) – A mixed-use project that will provide more than 135 units of affordable housing and wrap-around services.
8. Slauson & Wall (5867 S. Los Angeles St., 90003) – A 7-acre project that will provide around 120 units of affordable housing and 4 acres of open green space for the local community.
9. 52nd & Figueroa (5215 & 5260 S. Figueroa St., 90037) – A first-time home buyer’s opportunity on two vacant parcels of land.
10. 59th & Crocker (5885 & 5887 Crocker St., 90037) – A first-time home buyer’s opportunity on two vacant parcels of land.
11. 69th & Main (6901 S. Main St., 90003) – A multi-family housing project, complete with a community garden that will provide more than 20 units of housing for families.
Furthermore, Councilman Price has been leading a vigorous effort to save hundreds of soon-to-expire affordable housing covenants in CD 9. Once this protection is gone, there is no guarantee they will remain affordable since a landlord can opt to rent the units at market-rate.
“Due to the magnitude of the housing crisis facing our city, we need to find innovative solutions to not just produce more low-cost housing in the region but protect existing ones,” added Price.
For more information on affordable housing options in the City of Los Angeles, please visit http://www.housing.lacity.org/