An affordable housing firm is hoping to transform an industrial facility in South Los Angeles into a residential development for low-income households while the city is desperate for more units.
Thomas Safran & Associates filed plans to construct 127 total units at a 3.3-acre property at 4020 S. Compton Avenue, south of Downtown L.A., Urbanize reported. The project requires a general plan amendment and zone change and will include an unspecified number of affordable housing units.
Thomas Safran & Associates did not return The Real Deal’s request for comment. The project applicant is Parkview Affordable Housing LP, which is tied to Thomas Safran.
The property site is next to Thomas Jefferson High School and Ross Snyder Recreation Center, about a half mile from the Metro Vernon Station.
Last year, Thomas Safran filed plans to build a 98-unit project for seniors and families in Venice, and the firm was selected by the Department of Veterans Affairs to build 900 units of housing for veterans at the Veteran Administration’s West Los Angeles Campus. The firm is also working on another development with affordable housing units in Hollywood.
Affordable developers have been proposing more projects in South L.A., as the housing crisis continues. In June, the Coalition for Responsible Community Development filed plans to build two mixed-use affordable housing complexes in South L.A., shortly after if broke ground on another project one block south of that. [Urbanize] — Gregory Cornfield