The CMFA Completed the issuance of $19,010,000 in Bonds for Hollywood El Centro Apartments
The Hollywood El Centro Apartments project is an acquisition/rehabilitation of an 87-unit affordable housing community located at 6211 De Longpre Avenue, Los Angeles, CA. The project is made up of seven two-story garden-style residential buildings. The scope of renovations will include unit interior rehabilitation, including new carpet and flooring, new cabinets and countertops, new sinks, vanities, plumbing fixtures and appliances. Rehabilitation of the common area will include renovation of the existing community room with new furniture. Building envelope renovations will include painting and repairing of the building exterior, general site improvements, new landscaping and improvements to parking areas, walkways and site lighting. This financing will preserve 87 units of affordable housing for the City of Los Angeles for another 55 years.