Mission Village Apartments Project to Los Angeles’ Low Income Residents
The Mission Village Apartments is an acquisition rehabilitation of an 84-unit, affordable multi-family housing development. Barker Management, Inc., plans to rehabilitate the project consisting of one building of senior-restricted units, five buildings containing family units and 106 surface parking spaces. The 84 units (34 senior-restricted one-bedroom units, 6 two-bedroom family units and 43 three-bedroom family units) will all be restricted to households making no more than 50% and 60% of Area Median Income with the exception of one unit that will be used as the manager’s units. The project is located at 4001 N. Mission Road, Los Angeles, California. This financing will continue to preserve 83 units of affordable housing in the City of Los Angeles for the next 55 years.