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L.A. County Supes approve gap financing for affordable housing at 5010 E. 3rd St.

Los Angeles County supervisors approved an extra $3.6 million in gap financing for a 59-unit affordable housing project at 5010 E. 3rd Street in unincorporated East LA. The four-story complex, designed by Urban Architecture Lab, will feature a community room, on-site services, laundry, and parking near the E Line station. The added support brings total county funding to $11.4 million, helping developers close the funding gap on this critical project.

L.A. County Supes approve gap financing for affordable housing at 5010 E. 3rd St.

Read the full story at Urbanize LA →

Summary written by Entrepreneurs Of Los Angeles. The original reporting belongs to Urbanize LA; we do not republish the article.

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