Project Description
From the AIA:
Broadway Affordable Housing (2a)Broadway Affordable Housing (3a)Broadway Affordable Housing (4a)Broadway Affordable Housing (5a)
Broadway Affordable Housing | Notes of Interest
The objective of Broadway Housing is to provide low-income families with affordable housing that is both environmentally and economically sustainable in an urban area with a serious lack of available affordable housing options.
The primary population served by this project is low-income families earning between 30% and 60% of Area Median Income. The property consists of 2- and 3-bedrom units with rents ranging from about $560 to $1,300 per month. A market study was conducted to demonstrate the need for these units in the City. The market study determined that there was a need for 7,931 2-bedroom units serving this income range and 6,725 3-bedroom units within the west side of Los Angeles. The property’s convenient regional and local access and proximity to services make the subject site particularly attractive for the construction of affordable apartments. The complex offers residents two community rooms run by the Boys & Girls Club, computer room, laundry facility, open areas with landscaping and fruit trees, a picnic area, and an on-site manager.