2003 S Oak St, Los Angeles, CA 90007
Waiting List Forecast: Likely Short or None
Verified for 2023 by Colleen Carter, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 - 2 Baths | - |
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.
Norwood Learning Village offers 1-bedroom, 2-bedroom, and 3-bedroom floor plans. Each unit features a kitchen with a range, oven, refrigerator, and microwave, vinyl flooring, carpeting, air conditioning. Community amenities include a spacious community room equipped with a full kitchen, a fitness center, library and TV lounge. The building also incorporates sustainable principles such as energy and water conservation, use of recycled materials and a cool roof. Additional features include secured entry with intercom, outdoor landscaped courtyard with barbecue, subterranean parking garage and laundry facilities. Resident activities include monthly parties, morning socials, fitness classes, holiday events, and more.
Because Norwood Learning Village participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | - | Call for Price† |
| Two Bedroom (2/1) | - | Call for Price† |
| Three Bedroom (3/2) | - | 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 Norwood Learning Village have a waiting list?
Norwood Learning Village 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 Norwood Learning Village?
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 Norwood Learning Village?
Norwood Learning Village is managed by Thomas Safran & Associates headquartered in Los Angeles, CA.
In addition to Norwood Learning Village, how many other affordable housing properties (and units) are there in Los Angeles?
In addition to Norwood Learning Village, 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 Norwood Learning Village listing last updated?
Norwood Learning Village listing on Affordable Housing Online was last updated on 08/15/2023 by Colleen Carter. Remember, a property's status can change so you should contact the property to confirm.
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Housing options for persons with disabilities.
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