LOS ANGELES - Mayor Eric Garcetti today celebrated the groundbreaking of Vanowen Apartments in North Hollywood, which will provide housing and services to chronically homeless Angelenos and is the first of the HHH Housing Innovation Challenge projects.
“Through Proposition HHH, we have created thousands of new supportive housing units, exceeding our goal of 1,000 per year by 50 percent,” said Mayor Eric Garcetti. “With every new groundbreaking and ribbon cutting, we welcome home Angelenos who have been living on the streets for far too long and set them on a path to a better future.”
Vanowen Apartments is a $21 million, 49-unit permanent supportive housing project set to open in late 2022. The team behind Vanowen is one of six selected for the HHH Housing Innovation Challenge and awarded funding to test innovative construction and/or financing methods to reduce production cost and timeline. This project showcases two construction innovations that reduced overall costs per unit.
The project received $4.9 million in funding from Proposition HHH, along with funding from Citibank, 4% Low Income Housing Tax Credits, and Federal Home Bank. The project will receive Section 8 project-based vouchers from Brilliant Corners.
“In the last 16 months, we have added hundreds of bridge housing beds in my district, including three tiny home villages,” said Councilmember Paul Krekorian. “With 49 units of permanent supportive housing, the Vanowen Apartments represent an important expansion of the housing stock in CD2. This project, which was funded by Measure HHH, provides further evidence that the City is deeply committed to building safe, secure housing for our neighbors experiencing homelessness.”
Vanowen Apartments is the latest in a string of recent housing developments to break ground. It follows the groundbreaking of Weingart Towers, the largest homeless housing development in City history. Weingart towers is a two-phase development in Skid Row that will provide housing and services to 382 Angelenos experiencing homelessness, more than three times the amount of units than the next largest HHH development.
To date, the City of Los Angeles has completed 42 affordable and supportive housing projects with over 2,700 units in operation, 16 of which are HHH projects with more than 1,000 units. There are an additional 60 projects with more than 3,800 units currently under construction.