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Los Angeles, CA (2020)

Union Rescue Mission

With homelessness in Los Angeles continuing to rise at alarming rates, community development financial institution Genesis LA partnered with service provider Union Rescue Mission to construct a new 74,866 square foot transitional housing facility.

Investment

  • NMTC Amount: $27,000,000
  • Total Project Cost: $37,832,400

IMPACT

  • 34 FTE jobs
  • 30 construction jobs
  • The Project will add 86 transitional housing units with a capacity of up to 370 Low Income Persons, and will provide support services to residents onsite.
  • 74,866 sq. ft. of real estate

Investor

Project Description

With homelessness in Los Angeles continuing to rise at alarming rates, community development financial institution (CDFI) Genesis LA is partnering with service provider Union Rescue Mission to construct a new 74,866 sq. ft. transitional housing facility. Financed with $27 million in New Markets Tax Credits from Genesis LA and the Los Angeles Development Fund, Angeles House will provide 86 units of housing for homeless families, each with private living areas, bathrooms, and storage. Additional on-site amenities will include laundry rooms, a daycare, multiple indoor recreation areas, outdoor courtyards with play areas, a small library, a common dining area, and a commercial kitchen for on-site dining service. The facility will also have dedicated spaces for residents to receive counseling, medical care, dental care, job search training and placement, remedial education/GED classes, computer training, transportation, permanent housing placement, and other services to help reduce long-term homelessness.

MAP

Address: 13200 South Avalon Boulevard, Los Angeles, CA 90061

Census Tract: 6037540800

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