1630 Schrader Blvd., Los Angeles, CA 90028
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Studio - 3 Beds | 1 Bath | - |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Hollywood Arts Collective is a 152-unit, tax credit community for artists in Hollywood, CA. This community was developed in partnership with the Entertainment Community Fund (formerly The Actors Fund). Just steps away from the Hollywood Walk of Fame, Hollywood Arts Collective is conveniently located with easy access to public transportation, health facilities, community services, city parks, restaurants and retail stores. The property offers studio, 1-, 2-, and 3-bedroom units with modern amenities. Unit features include heating and air-conditioning, a kitchen with range and oven, refrigerator, waste disposal, plank flooring, window blinds, and a patio/balcony.
Residents can enjoy a community room equipped with spacious seating areas, a computer lab, library, and TV room. Other amenities include a rehearsal studio, fitness room, laundry facilities, and a landscaped courtyard with a barbecue area. The community features secured access and on-site management and maintenance staff. Ongoing regularly scheduled events include monthly resident parties, coffee socials, fitness classes, and inclusive holiday celebrations.
Preference is provided for artists, defined as someone who is regularly engaged in an artistic, creative, or cultural activity or practice and pursues such practice on a professional basis. The waiting list is currently closed. The property is currently only accepting applications for accessible units.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Hollywood Arts Collective does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Studio (Studio/1) | - | Call for Price† |
| One Bedroom (1/1) | - | Call for Price† |
| Two Bedroom (2/1) | - | Call for Price† |
| Three Bedroom (3/1) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $44,150 / year | $50,450 / year | $56,750 / year | $63,050 / year | $68,100 / year | $73,150 / year |
| 50% AMI for PBRA Units | $44,150 / year | $50,450 / year | $56,750 / year | $63,050 / year | $68,100 / year | $73,150 / year |
| 60% AMI for LIHTC Units | $52,980 / year | $60,540 / year | $68,100 / year | $75,660 / year | $81,720 / year | $87,780 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Hollywood Arts Collective have a waiting list?
Hollywood Arts Collective probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Hollywood Arts Collective?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges Hollywood Arts Collective?
Hollywood Arts Collective is managed by Thomas Safran & Associates headquartered in Los Angeles, CA.
In addition to Hollywood Arts Collective, how many other affordable housing properties (and units) are there in Los Angeles?
In addition to Hollywood Arts Collective, we list 1089 other affordable properties in Los Angeles. Learn about these properties here. Our data research shows that there are a total of 70531 affordable units in Los Angeles.
When was the Hollywood Arts Collective listing last updated?
Hollywood Arts Collective listing on Affordable Housing Online was last updated on 08/17/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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Prepare to pay a fee to apply for units that accept Section 8 vouchers.
While there is no charge for Section 8 applications, a private landlord may charge a fee to apply for an available unit.Theodore Taylor Jr. says:
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