The new development transformed a blighted motel and vacant apartment community into high quality urban infill housing that improves the overall consistency of the neighborhood by aiding in the need for quality affordable housing for homeless individuals throughout the region.
In conjunction with LAMP Communities, Meta Housing also worked closely with the County of Los Angeles Department of Health Services to ensure residents receive services that include case management, mental health care, primary and preventive health care, substance abuse treatment, and financial and life skills training.
The Tiki Apartments consists of a mix of studios, one-bedroom and three-bedroom floorplans, and was constructed utilizing sustainable and energy efficient features to meet the GreenPoint rating standards.
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.
Tiki Apartments is managed by Meta Housing Corporation.