VIEWS AT 270
Completed in April of 2005, has 56 family affordable
apartments.
Views
at 270 is located at Sunset and Western Avenues. These apartments
are HCHC's first mixed use development - a Walgreen's drug store
and cellular phone store are located in the complex. No other
affordable housing developer in Los Angeles has partnered with
a for-profit corporation in quite this way. The commercial developer,
Village Properties, purchased the land, and, in return for affordable
housing space and parking, HCHC developed and supervised the construction
of the buildings.
Opened: April
2005
Architects: M2A
HOLLYWOOD METRO APARTMENTS
An
extension of HCHC's successful Western/Carlton property in Hollywood,
Phase II is a mixed use development containing 60 affordable 1-
and 2-bedroom residences. The project was developed in conjunction
with McCormack Baron Salazar, Inc., who is the primary developer.
Opened:
December 2003
Architects: Kanner Architects
Gen. Contractor: Lyle Parks Jr. Inc.
Funding: Citibank, Community Redevelopment Agency of the City
of Los Angeles, Federal Home Loan Bank of San Francisco, Sun America
INNES
HEIGHTS
Located in the community of Echo Park, the Innes Heights complex
replaces vacant,
condemned buildings. The improved property contains 19 affordable
2-bedroom units. Amenities include
subterranean
parking, a large landscaped area with a community garden and a
common BBQ.
Opened:
Summer 2003
Architects: Richard Barron Architects
Gen. Contractor: Westport Construction
Funding: Alliant Capital, LTD, Bank of America, Cal Fed, Los Angeles
Housing Department, Los Angeles Community Development Commission,
Local Initiatives Support Corporation and Federal Home Loan Bank
of San Francisco.
HAROLD WAY
Harold
Way is built on a formerly empty lot in a neighborhood where HCHC
is a key part of the revitalization effort. This property is the
fifth HCHC development in a 1/2-mile area. It contains 51 one-,
two- and three-bedroom residences and is conveniently located
near a Metrorail station and retail shops.
Opened:
Summer 2003
Architects: Koning Eizenberg
Gen. Contractor: Fassberg Construction
Funding: Los Angeles Housing Department, Washington Mutual, Enterprise
Social
Investment Corporation
ALLESANDRO
APARTMENTS
Located
in the community of Echo Park, the Allesandro complex makes use
of a formerly vacant lot. The improved property, which was completed
in the fall of 2005, contains 18 affordable 1-bedroom units for
disabled households. Amenities will include a rooftop garden and
deck, a glass-enclosed community room and a library/computer room.

PALOMAR
APARTMENTS
Located
near the corner of Santa Monica Blvd. and Western Ave., the Palomar
was formerly an overcrowded, dilapidated hotel. After a tragic
arson fire gutted the property, HCHC stepped in. We rebuilt the
structure, which offers 27 units of affordable housing for low-income
seniors and disabled seniors.
The
Palomar Apartments has already won the 2006 Los Angeles Conservancy
Preservation Award.
