6940 North Owensmouth Avenue is taking shape, in Canoga Park. The project, is by Meta Housing, a firm that specializes in arranging complex financing structures. It has been titled “Bell Creek Apartments.” All 80 apartments inside will be low income housing. The aim is to provide homes for families and individuals with special needs.
City of Los Angeles is seeking funds for a new project that proposes to convert hotels into permanent supportive housing. Three motels are up for grabs in Hollywood and the San Fernando Valley in Los Angeles. The project, named as Project Homekey, is a pandemic-initiated program that allows cities and counties to purchase underused hotels and repurpose them as interim or permanent housing. Recently, in September 2021, Governor Gavin Newsom announced $2.75 billion in funding for Project Homekey. The City of Los Angeles, which created 744 homes through the initial phase of the program, is now getting to work on its second round of acquisitions.
Framing is starting to rise for “Bell Creek Apartments” at 6940 North Owensmouth Avenue, in Canoga Park. The development is by Meta Housing, a firm that specializes in arranging complex financing structures. The site will bring low-income housing to special needs families in the area utilizing financing from Western Community Housing, City of Los Angeles Housing + Community Investment Department, Los Angeles County Development Authority, California Tax Credit Allocation Committee (CTCAC), and California Debt Limit Allocation Committee (CDLAC).
Exterior work is wrapping up at 21121 Vanowen Street, between Warner Center and Canoga Park on a location with views of the iconic concrete Los Angeles River. The project is entitled “Yaya Vanowen.” It is in development by Elevado Group, which estimates completion by the fourth quarter of 2021.
Los Angeles Department of Building and Safety issued construction permits for a new apartment complex at 21001 West Kittridge Street in Canoga Park, Los Angeles. The project proposal includes the construction of a five-story apartment complex with an on-site parking facility.
Architects Orange is managing the design concept and construction of the project. San Diego-based firm, Fairfield Residential, is the project developer.
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