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ADDRESS:
1535 North Formosa Ave.
Los Angeles, CA 90046
COUNTY: Los Angeles
PROJECT DESCRIPTION:
Las Palmas, in partnership with EMC Financial Corporation, own a 136 unit family apartment complex in Hollywood, California. A portion of the units are reserved for families earning 50% of the area median income.
The community is near West Hollywood and within walking distance from recreation centers, libraries, and the Warner Hollywood Studios.
PROPERTY MGMT: JDC Management Co.
FINANCING:
Tax Credit Equity Partner: EMC Financial Corporation
Permanent Lender: Berkshire Mortgage Finance
 UNIT MIX:
6 studios (597-730 Sq. Ft.)
74 1-bedrooms (628 - 885 Sq. Ft.)
56 2-bedrooms (865 - 1,013 Sq. Ft.)
RESIDENT SERVICES: More Information
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