$4.9 Million Secured for LGBT Center Affordable Housing Project

Los Angeles, CA -- Today, the City Council approved $4.9 million in Community Development Block Grant (CDBG) funding for the Anita May Rosenstein Campus, to be built on North McCadden Place. The grant will directly fund 100-units of senior housing, developed by the Los Angeles LGBT Center. The approved motion fills a key funding gap, allowing the project to move forward. Today, Councilmember Ryu released the following statement:

FOR IMMEDIATE RELEASE:

December 5, 2017 

Press Contact:

Estevan Montemayor

estevan.montemayor@lacity.org

213.605.4145

 

$4.9 Million Secured for LGBT Center Affordable Housing Project

Funding to build 100 units of senior housing in Hollywood

 

Los Angeles, CA -- Today, the City Council approved $4.9 million in Community Development Block Grant (CDBG) funding for the Anita May Rosenstein Campus, to be built on North McCadden Place. The grant will directly fund 100-units of senior housing, developed by the Los Angeles LGBT Center. The approved motion fills a key funding gap, allowing the project to move forward. Today, Councilmember Ryu released the following statement:

“Today, we’ve crossed a major threshold making this affordable housing project a reality,” Councilmember Ryu said. “Los Angeles is facing an unprecedented housing and homelessness crisis. I’m proud to see City Council invest this money in a solution - and bring this project that much closer to providing homes and changing lives.”

The Anita May Rosenstein Campus broke ground in March of this year after a successful fundraising campaign by the LGBT Center. On November 9, City Council approved Councilmember Ryu’s motion to allocate $8.75 million for 26 units of supportive youth housing, made possible by Measure HHH.

“We are enormously grateful to Councilmember David Ryu for his leadership in making this grant possible, and to the entire City Council and Mayor Eric Garcetti for their commitment to supporting affordable housing for LGBT seniors at risk of homelessness,” said Los Angeles LGBT Center CEO Lorri L. Jean

The $4.9 million designated today was re-programed from The City of Los Angeles’ annual CDBG Funds and will be apportioned by the City’s Housing and Community Investment Department (HCID).

This inter-generational campus will also include 100 beds for homeless youth, ground floor retail space, ample parking and a commercial kitchen.

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Los Angeles City Councilmember David E. Ryu represents the 4th Council District which includes Griffith Park, Sherman Oaks, Toluca Lake, Hollywood, Hollywood Hills, Los Feliz, Silver Lake, Miracle Mile, Hancock Park, Windsor Square, Larchmont and portions of Koreatown and Van Nuys.

 

 


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