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A Skid Row housing project that officials say will be the largest homeless housing development in Los Angeles history opened on Tuesday, September 28.
The Weingart Towers, which will include a 19-story skyscraper at 555-561 S. Crocker St. and a 12-story skyscraper at 554-562 S. San Pedro St., will offer a total of 382 people units in homelessness situation. The development will offer more than three times the number of units in the second-largest development funded by the HHH Proposal, a voting initiative passed in November 2016 to use $ 1.2 billion to build 10,000 units for the homeless Angelenos.
“The Weingart Towers embody everything we promised Angelenos when they said ‘yes’ on Prop HHH and allowed us to create these comprehensive solutions to tackle homelessness,” said Mayor Eric Garcetti. development is a clear indicator of how far we have come in our mission to provide the high-quality permanent support units that Unhoused Angelenos urgently need and deserve – and is an extraordinary example of the type of project that will make real progress. . in this crisis.
The first phase of the project, the construction of the tower on Crocker Street, will cost $ 160 million – of which $ 32 million comes from the HHH proposal – and is expected to be completed in 2023. Forty of the 278 units will be reserved for veterans, and all residents will receive support services.
“Weingart Tower 1 is a fulfillment of our promise to our homeless neighbors to provide more places they can call home,” said Councilor Mark Ridley-Thomas. “Houses end homelessness, and every Angeleno has the right to a roof, not a sidewalk or a park bench. This tower is a great example of how the County and City of Los Angeles can work together to provide quality housing. If we are to tackle the homelessness and housing crisis in Los Angeles, we must continue to collaborate and build more and more projects like this in every corner of our city.
The second tower, scheduled to begin construction in the summer of 2022, will consist of 104 units and is funded by $ 16 million from the HHH proposal. In addition to funding for the HHH proposal, the development received funding from the Los Angeles County Development Corporation, the Pacific Western Bank, an Affordable Housing and Sustainable Communities Grant from the State of California, and a credit from 4% low income housing tax.
The project will receive Project Vouchers from the Los Angeles Housing Authority Section 8 and Housing Vouchers with Veterans Support Services for housing and urban development.
“Thanks to the hard work of so many partners, this project will become a lifeline for those struggling to survive,” said City Councilor Kevin De Leon, who represents the Skid Row area.
“With 278 permanent supportive housing apartments, hundreds of non-housed Angelenos on Skid Row will have the chance to rebuild their lives and pursue their hopes and aspirations. I remain excited about what this project means to put a roof over the heads of so many deserving people and I can’t wait to cut the ribbon that lies ahead, ”he added.
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