LA affordable housing developer saves time and money on project for formerly homeless tenants

This bungalow court was built for less than half the cost of a typical permanent supportive housing project, and in a fraction of the time. With a total budget of around $1.6 million, the development by the nonprofit Restore Neighborhoods LA breaks down to about $225,000 per unit. Compare that to an average price of more than $500,000 for a new unit of homeless housing in the City of LA.

Eight-unit bungalow court project in the Vermont Knolls neighborhood