Mayor Eric Garcetti announced last week that Los Angeles has been awarded new funding to help tackle the city’s affordable housing crisis.
The California Strategic Growth Council (SGC) has awarded $15 million in new grants to help build affordable housing projects in Los Angeles. The city has received a total of $30 million this year from the Affordable Housing and Sustainable Communities (AHSC) Program.
“Every Angeleno deserves a home to call their own – but for too many that place is out of reach,” Garcetti said. “Solving L.A.’s affordable housing crisis is about improving the quality of life for our city’s families. We must dedicate as many resources and as much energy as possible to meeting this challenge.”
The AHSC grant program supports infill housing and transportation projects that help reduce greenhouse gas emissions. L.A.’s $30 million in grants is the largest awarded to any city in California.
The funding will aid the development of new affordable housing and advance the transformation plans at the Jordan Downs public housing development. It will also provide gap financing for more than 700 units of affordable housing that encourage walking, bicycling and the use of mass transit. More than 200 of these units are specifically targeted for homeless residents, and about 100 are dedicated to seniors.











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