The Clarendon Apartments, a luxury complex in Woodland Hills, were purchased by the Housing Authority of the City of Los Angeles to create a mixed-income environment. Approximately one-third of the 335 units will be allocated for low-income households, with units priced significantly below market rates. This initiative aims to enhance affordable housing in desirable areas, integrating luxury living amenities while promoting access for various income levels. The housing authority seeks to bridge the gap between luxury amenities and essential affordable housing.
The Housing Authority of the City of Los Angeles has acquired the 335-unit Clarendon Apartments to transform it into a mixed-income community while retaining luxury amenities.
About a third of the units will be reserved for low-income households, while the remaining will cater to middle-income families, maintaining affordability compared to current market rates.
Collection
[
|
...
]