Provider:
Los Angeles Housing + Community Investment Department
Categories:
Business Assistance
Construction Project Development Assistance
Description:
The Los Angeles Housing + Community Investment Department's Affordable Housing Bond Program (AHBP) issues tax-exempt mortgage revenue bonds allocated by the California Debt Limit Allocation Committee (CDLAC) to build new multi-family housing developments or to rehabilitate existing structures. The bonds are a source of funding available to developers of qualified residential rental housing projects located within the City of Los Angeles. To access this tax-exempt financing, projects must restrict a minimum of 20% of their units to affordable levels; but projects are more often made 100% affordable by the developers in the effort to attain the maximum benefit of this resource.
Locations:
HCIDLA Main Office
1200 W 7th St
Fl 8
Los Angeles, CA90017
TEL: (213) 808-8951
TDD: (213) 473-5990
Email:
Hours:
By appointment only
Accessible:
Accommodations for the disabled are available.
Parking:
Pay parking structure on site; enter from 7th St (sorry, validations not available). Office is 3 blocks west of 7th St/Metro Center Station. Nearby bus lines: Metro Local 51, 52, 352; DASH A, E
HCIDLA Main Office
1200 W 7th St
Fl 8
Los Angeles, CA90017
TEL: (213) 808-8951
TDD: (213) 473-3231
Email:
Hours:
By appointment only
Accessible:
Accommodations for the disabled are available.
Parking:
Pay parking structure on site; enter from 7th St (sorry, validations not available). Office is 3 blocks west of 7th St/Metro Center Station. Nearby bus lines: Metro Local 51, 52, 352; DASH A, E