The Need

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Only 11-17% of Southern Californians can afford a median priced home, compared to 50% of U.S. households.

 
The Hollywood community is home to large numbers of low income families, senior citizens and special needs populations. Increasing numbers of large family households have moved into the Hollywood area, yet the majority of the existing housing consists of studio and one bedroom units not suitable for these families. As a result, people are forced to live in overcrowded conditions.
  • Currently, in Los Angeles, there are 24,737 families on the public housing waiting list and 84,000 Section 8 registrations.
  • In 2004, the California Budget Project released studies entitled Locked Out, California's Affordable Housing Crisis that indicated California's housing problems have reached emergency status and are increasing. The affordability requirements on about half of Los Angeles City's 52,379 affordable units will expire on or before December 31, 2009.
  • In 2002, 55% of low-income renters paid more than half of their income for rent to live in inadequate, substandard housing.
  • According to RealFacts, in 2004, the average price for a two-bedroom apartment in Los Angeles and Orange Counties is $1,336, surpassing San Francisco's average rent of $1,310. Subsequently, a worker earning minimum wage would have to work 142 hours per week in order to afford a two bedroom apartment in Los Angeles.
  • Los Angeles County had a 5.2 to 1 ratio of new jobs to new housing units between 1994-2002.
  • The Lewin Group in November of 2004 reported the affordability of supportive services in permanent housing for the homeless. Costs per day comparisons: $30.10 in Supportive Housing; $63.69 in Jail; $84.74 in Prison; $37.50 in a Shelter; $607 in a Mental Hospital; and $1,474 in a Hospital.
  • LA needs to produce a minimum of 14,000 to 18,000 units of market rate and affordable housing each year to keep up with the housing needs. Yet, in 2000, only 2,900 units were produced.
  • The report on the Expected Needs of Los Angeles County's Older Adult Population prepared by Los Angeles County, projects that between 2010 and 2030 the senior housing need will increase to 295,682.
  • A study by the Center on Budget and Policy Priorities in Washington, D.C. found that Los Angeles County has one of the highest proportions nationally of low income tenants living in overcrowded conditions, with 15% of all working families living in crowded conditions.

With increasing numbers of Hollywood families and special needs persons facing a daily struggle for survival, the Hollywood community suffers as a whole. Neighborhood households, unable to support local businesses, deprives the community of its vital economic base.

HCHC strives to solve these problems by developing attractive, safe, affordable housing thereby revitalizing the community and housing those most vulnerable in our society.

 
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