Steel Plaza Apartments
1711 West Third Street
Los Angeles, Los Angeles County, California 90017

Call (855) 598-3283, enter extension 62607, then hit #.

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Unit Information

Unit Bed/Bath Rent
One Bedroom 1/- $
Two Bedroom 2/- $
Three Bedroom 3/- $

Property Amenities

  • Laundry Room
  • 24hr Emergency Maintenance

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Window Coverings
  • Carpet
  • Refrigerator

Nearby Amenities

  • Close to Dining
  • Close to Shopping
  • Near Schools
  • Near Post Office

Funding Programs

Steel Plaza Apartments was developed and operates with Federal housing financing. The property utilizes the Section 202 Federal housing program to make rent affordable to lower income tenants.

Section 202

The property was developed with funding through the HUD Section 202 program which provides funding for housing for seniors who are 62 or older. The program provided both capital financing to construct the property and operating subsidies that work as rental assistance like the Section 8 program. Steel Plaza Apartments is among only 490 Section 202 properties in California and 6,166 in the country.

Overview

Steel Plaza Apartments 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).

Rent Subsidies

Steel Plaza Apartments provides rental subsidies to renters. The type of subsidy provided to apartment renters in Los Angeles, CA by this property is Section 202 Rental Assistance.

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 no minimum rent at this property for residents receiving a rent subsidy but in recent years, there has been discussions in Congress to implement a minimum rent in the Section 202 Program to reduce cost burden on the Federal budget.

California's 34th

Congressional District

65

Section 202 Units

65

Senior Units

62.4

% of Fair Market Rent

30-Jun-18

Project Based Sec. 8 Contract Expiration

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