Angelus Plaza
245 S Hill St
Los Angeles, Los Angeles County, California 90012

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Funding Programs

Angelus Plaza was developed and operates with Federal housing financing. The property utilizes the Project Based Sec. 8 Federal housing program to make rent affordable to lower income tenants.

Section 8

Angelus Plaza has a project-based Section 8 contract. 757 of the 757 total units at the property receive Section 8 assistance. This means that 100% of the renter households in the property pay no more than 30% of their adjusted income for rent.

The current Section 8 contract was effective on June 01, 2011 and the contract expires on May 31, 2031. The Section 8 contract rent is 91.5% of the Fair Market Rent for the area. According to the HUD Multifamily database, the fair market rents for the area are $1,154.00 for One Bedroom.

28% of California properties and 26% of all properties across the country have Section 8 rental subsidies. See the Rent Subsidies section for more.

Overview

Angelus Plaza is an affordable apartment community located in Los Angeles, California which is located in Los Angeles County. The property is located in California's 34th Congressional District served by Representative Xavier Becerra (D), Senator Kamala Harris (D) and Senator Dianne Feinstein (D).

Angelus Plaza is an apartment community containing 757 rental units. The property contains 757 bedrooms and based on typical apartment occupancy limits, Angelus Plaza is home to not more than 1135 persons when fully occupied.

Rent Subsidies

Angelus Plaza provides rental subsidies to renters. The type of subsidy provided to apartment renters in Los Angeles, CA by this property is Project Based Sec. 8.

This subsidy allows the renter to pay 30% of his or her income for rent while the subsidy pays the difference. To qualify, a renter must earn 50% or less of the Area Median Income.

There is a minimum rent payment of not less than $25 and as much as $50 for all subsidy recipients at this property. That means that even if a renter has zero income, they will still be required to pay rent. In recent years, there have been various legislative proposals to increase the Section 8 minimum rent but advocates make the valid point that minimum rents affect the poorest of the poor.

Unit Mix

Angelus Plaza contains a mix of 757 assisted one bedroom apartments for rent. There are 757 One Bedroom apartments in this property. The unit mix is 100% One Bedroom apartment rentals. The average bedroom size for Angelus Plaza is 1.

California's 34th

Congressional District

757

Total Units

757

Project Based Sec. 8 Units

91.5

% of Fair Market Rent

31-May-31

Project Based Sec. 8 Contract Expiration

One

Unit Mix

1

Average Bedroom Size

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† These counts are estimates based on the data available from HUD. Learn More About Our Data