New Genesis Apartments

458 S Main St, Los Angeles, California 90013

With 106 units, the New Genesis Apartments has permanent supportive housing for people who were recently homeless, as well as affordable housing for low-income individuals. A LEED for Homes Platinum development, the building has an on-site health clinic and supportive services offices, as well as multiple community spaces, including a kitchen, lounge, and courtyard gardens. New Genesis also has 2,400 sq ft of ground floor commercial space that opens to Downtown’s diverse Main Street corridor.

Units

Unit (Bd/Ba) Ft2 Rent
Studio (Studio/1) 535 Call for Price
1 Bedroom (1/1) 708 Call for Price

New Genesis Apartments Details

  • 106 studio and 1 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Resident lounges
  • Courtyard

Low-Income Housing Tax Credit (LIHTC)

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.

Los Angeles Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Los Angeles but actual income limits may differ for units at New Genesis Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $41,700 $47,650 $53,600 $59,550 $64,350 $69,100 $73,850 $78,650
Low Income (60%) $50,040 $57,180 $64,320 $71,460 $77,220 $82,920 $88,620 $94,380

New Genesis Apartments is managed by Skid Row Housing Trust.

Image of New Genesis Apartments
Image of New Genesis Apartments
Image of New Genesis Apartments
Image of New Genesis Apartments

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