Jewel Terraces
1420 W 27th St
Los Angeles, Los Angeles County, California 90007

Call (855) 598-3283, enter extension 12127, then hit #.

Request an Application

Funding Programs

Jewel Terraces 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

Jewel Terraces has a project-based Section 8 contract. 32 of the 32 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 January 01, 2016 and the contract expires on December 31, 2020. The Section 8 contract rent is 99.4% of the Fair Market Rent for the area. According to the HUD Multifamily database, the fair market rents for the area are $947.00 for Zero Bedroom, $1,154.00 for One Bedroom, and $1,490.00 for Two 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

Jewel Terraces 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).

Jewel Terraces is an apartment community containing 32 rental units. The property contains 32 bedrooms and based on typical apartment occupancy limits, Jewel Terraces is home to not more than 56 persons when fully occupied.

Rent Subsidies

Jewel Terraces 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

Jewel Terraces contains a mix of 32 assisted studio, one, and two bedroom apartments for rent. There are 4 Studio, 24 One Bedroom, and 4 Two Bedroom apartments in this property. The unit mix is 13% Studio, 75% One Bedroom, and 13% Two Bedroom apartment rentals. The average bedroom size for Jewel Terraces is 1.

California's 34th

Congressional District

32

Total Units

32

Project Based Sec. 8 Units

99.4

% of Fair Market Rent

31-Dec-20

Project Based Sec. 8 Contract Expiration

Studio, One, and Two

Unit Mix

1

Average Bedroom Size

Find More in Los Angeles

Search Nearby Affordable Housing

Find More in Los Angeles County

Search Nearby Affordable Housing

Find More in California

Search Nearby Affordable Housing

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