Two Worlds I
809 W 23rd St
Los Angeles, Los Angeles County, California 90007

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Funding Programs

Two Worlds I 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

Two Worlds I has a project-based Section 8 contract. 96 of the 96 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 February 01, 2009 and the contract expires on January 31, 2029. The Section 8 contract rent is 102.7% 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

Two Worlds I 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).

Two Worlds I is an apartment community containing 96 rental units. The property contains 39 bedrooms and based on typical apartment occupancy limits, Two Worlds I is home to not more than 135 persons when fully occupied.

Rent Subsidies

Two Worlds I 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

Two Worlds I contains a mix of 96 assisted studio, one, and two bedroom apartments for rent. There are 67 Studio, 19 One Bedroom, and 10 Two Bedroom apartments in this property. The unit mix is 70% Studio, 20% One Bedroom, and 10% Two Bedroom apartment rentals. The average bedroom size for Two Worlds I is 0.41.

California's 34th

Congressional District

96

Total Units

96

Project Based Sec. 8 Units

102.7

% of Fair Market Rent

31-Jan-29

Project Based Sec. 8 Contract Expiration

Studio, One, and Two

Unit Mix

0.41

Average Bedroom Size

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