The new complex, at 1417-1429 W. Temple St., was designed by Los Angeles-based Tomko Woll Group and built by Amcal General Contractors. It consists of one four-story building with 14 one-bedroom units, 18 two-bedroom units, 16 three-bedroom units and four four-bedroom units.
The developers financed the $13.8 million project with more than $7.3 million in 9% percent low-income housing tax credits, along with equity, construction, permanent, and public loans totaling $13.8 million by AIG SunAmerica Affordable Housing Partners, California Bank and Trust, California Community Reinvestment Corp., Los Angeles Housing Department and the City of Industry. Like all Works and Amcal, Temple Villas will provide free social service programs to residents including dial-a-ride, after school programs and educational classes.
All 52 units of the development are affordable, with various portions set aside for households earning 60%, 50%, 40% and 30% of the area median income. The project exceeds California's energy efficiency standards and was built with materials desgined to improve indoor air quality and recycle building materials.
Amcal, in addition to developing apartments for low-income families and seniors, is under way on for-sale work force housing projects that include West Angeles Estates, a development of 50 three-story single-family, detached townhomes at the corner of West 94th Street and South Broadway Avenue in South Los Angeles. Construction is slated to commence early 2009, with models and sales opening late 2009.
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