6576 West Blvd., Los Angeles, CA 90043
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Studio - 2 Beds | 1 Bath | 408 - 753 Sq Ft |
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.
West Terrace is a new 64-unit affordable housing community located in the Hyde Park neighborhood of Los Angeles, blocks from Edward Vincent Jr Park and less than a mile from Hyde Park Metro Station. The four-story community offers studio, 1-, 2- and 3-bedroom apartments for the formerly unhoused and households with 30% to 50% of the area median income.
West Terrace is a non-smoking community that features 1,900 SF of central courtyard on the ground floor with indoor and outdoor onsite amenities including a children’s playground, barbecue area, and a community garden. Indoors, West Terrace offers a community room and kitchen, computer room, lounge area, onsite management and services staff offices, laundry facility, trash chutes or trash rooms on each floor, and multiple bike storage rooms. Onsite gated parking is not offered, but residents enjoy key-fob building entry with elevator access to all floors.
In addition to 7 apartments at 50% AMI, West Terrace offers 56 units of affordable housing for 30% AMI qualified households placed through the Coordinated Entry System. 12 apartments are set aside for households qualifying with vision, hearing, and mobility needs.
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 West Terrace 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) | 408ft2 | Rent is Based On Your Income† |
| One Bedroom (1/1) | 505ft2 | Rent is Based On Your Income† |
| Two Bedroom (2/1) | 753ft2 | Rent is Based On Your Income† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $44,150 / year | $50,450 / year | $56,750 / year | $63,050 / year |
| 50% AMI for PBRA Units | $44,150 / year | $50,450 / year | $56,750 / year | $63,050 / year |
| 60% AMI for LIHTC Units | $52,980 / year | $60,540 / year | $68,100 / year | $75,660 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does West Terrace have a waiting list?
West Terrace 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 West Terrace?
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 West Terrace?
West Terrace is managed by EAH
In addition to West Terrace, how many other affordable housing properties (and units) are there in Los Angeles?
In addition to West Terrace, 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 West Terrace listing last updated?
West Terrace listing on Affordable Housing Online was last updated on 08/21/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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Housing options for families with immigrants.
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