ADDRESS:
8760 S. Main Street
Los Angeles, CA
(323) 751-2196
AWARDS:
City of Los Angeles
Proclamation from the Mayor (more) (pdf)
PROJECT DESCRIPTION:
Las Palmas and AMCAL Multi-Housing, Inc., completed a 66 unit affordable housing project in South Los Angeles, California, in November 2006. The complex is affordable to families earning between 30% – 60% of the area median income.
Once a home to a blighted old smokehouse and alley, now stands a sparkling new community. Las Brisas is designed around a courtyard and includes a clubhouse with a computer lab and community room. Located close to parks and schools, Las Brisas also includes a tot lot playground, open green space and a subterranean parking garage.
PROPERTY MGMT: Solari Enterprises
FINANCING:
Tax Credit Equity Partner – AIG SunAmerica
Construction Lender – California Bank & Trust
Permanent Lender – California Community Reinvestment Corporation (CCRC)
Residual Receipts Lender – Los Angeles Housing Department
UNIT MIX:
31 2-bedrooms (815 Sq. Ft.)
14 3-bedrooms (1,070 Sq. Ft.)
21 4-bedrooms (1,275 Sq. Ft.)
100% AFFORDABLE:
7 units – 30% AMI
7 units – 40% AMI
33 units – 50% AMI
18 units – 60% AMI
RESIDENT SERVICES: More Information
