LOS ANGELES, March 7, 2019 /PRNewswire-PRWeb/ -- On March 4th, Councilman Gil Cedillo, HCIDLA GM Rushmore Cervante, and others will join Affirmed Housing for the groundbreaking ceremony for Aria, 57 supportive housing units for formerly homeless individuals. The five-story structure will offer over 1,000 sf common space encompassing a computer room, laundry room, bike parking, and a common kitchen. A large outdoor courtyard will provide outdoor seating as well as a garden for resident's use. Aria will offer studio and one-bedroom apartment homes as well as on site services.
Speakers at the groundbreaking event include
- City of Los Angeles Councilmember Gil Cedillo
- LAHCID General Manager, Rushmore Cervantes
- Kevin Costello, Executive Vice President, Director of Institutional Investing, Boston Capital
- Waheed Karim, Vice President-Affordable Housing Relationship Manager, Banner Bank
- HHCLA Executive Director, Mark Casanova
- Affirmed Housing President Jim Silverwood
A $28 million-dollar development, funding sources include TCAC, Banner Bank, Boston Capital, HHH funds via LAHCID, and DHS project-based vouchers.
"We are excited to begin the construction of Aria, our first HHH affordable housing development in Los Angeles. The new community will be an attractive addition to the local neighborhood, and provide needed housing for the homeless. Our local, and state partnerships have been instrumental in this new development." - Mellody Lock, Senior Project Manager.
Aria is one of the first developments in the city of Los Angeles funded by the HHH bond measure passed by the citizens of LA.
Headquartered in San Diego, Affirmed Housing is dedicated to improving and sustaining the viability of California through the development of affordable housing. The company aims to enhance communities and our environment by building professionally-managed, high-quality, green, multifamily, senior and homeless housing. For more information, visit http://www.affirmedhousing.com
SOURCE Affirmed Housing Group
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