PROPERTY: Mosaic Apartments
LOCATION: The Pico-Union district of Los Angeles
OPENED: October 2011
DEVELOPER: AMCAL Multi-Housing
OWNERS: AMCAL; Foundation for Affordable Housing; and special limited partner Hudson Housing Capital
SOCIAL SERVICES PARTNER: LifeSteps USA
DEVELOPMENT COST: $21.76 million
ARCHITECTURAL DESIGN: Killefer Flammang Architects
NUMBER OF UNITS AND LEASE-UP RATE: 37 one-bedroom, one-bath units for seniors; 18 three-bedroom, two-bath units for families, all leased within a month of opening
RENTS: Based on percentage of area median income (AMI), ranging from 30 percent to 60 percent, or $383 to $809 a month
GOAL: Combine needed low-income affordable rental housing for seniors and families to gain synergy from multiple generations living together
COOLEST FEATURE: The design of the two long, narrow buildings with a landscaped courtyard in between
UNEXPECTED FEATURE: Green detailing that would meet LEED Silver certification
BONUS: Ground-floor retail units facing busy Pico Boulevard
Generation Mixed
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