LA affordable housing developer saves time and money on project for formerly homeless tenants
- debbievanness143
- Mar 23, 2021
- 1 min read
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.
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