Building Affordable Housing at Scale
Weingart Center’s Newest Permanent Housing Development Shines Bright in CCA White Paper
In CCA’s study, Weingart Towers, the Weingart Center Association’s newest housing development in Skid Row, DTLA, was prominently featured as a model example of how to build affordable housing at scale to Meet L.A.’s needs.
“WE ARE PROVIDING NEARLY 700 UNITS ACROSS THREE PROJECTS — MORE THAN THREE TIMES THE AMOUNT OF TYPICAL AFFORDABLE HOUSING PROJECTS — AND DELIVERING ON OUR MISSION OF EMPOWERING AND TRANSFORMING LIVES WITH INNOVATIVE SOLUTIONS DESIGNED TO BREAK THE CYCLE OF HOMELESSNESS.”
~ Senator Kevin Murray (Ret), Weingart Center President & CEO
Weingart Towers were prominently featured in a white paper released by Central City Association of Los Angeles titled “Building Affordable Housing at Scale” along with industry-backed recommendations to encourage larger-scale Affordable Housing to better serve economically vulnerable residents and meet the magnitude of the City’s compounding affordable housing and homelessness crises.
“WEINGART’S THREE TOWERS PLANNED […] WERE DESIGNED WITH THE HIGHEST LEVELS OF CARE AND ATTENTION FOR THE PEOPLE WHO WILL BE LIVING IN THEM, AND EFFECTIVELY MAXIMIZE ECONOMIES OF SCALE.”
~ Senator Kevin Murray (Ret), Weingart Center President & CEO
Los Angeles needs 23,000 more affordable housing units built each year for the next eight years — a large share of which will likely need to be created by 100% affordable housing developments.
However, the City only approves about 2,100 housing units in 100% affordable projects annually (about 30 projects with roughly 65 housing units each). If affordable housing projects continue to be built at the current average scale, meeting LA’s goals would require at least 139 more 100 percent affordable housing projects to be built each year.
Read the full white paper here with a summary of recommendations here.
