Over the next two years an estimated 5,400 extremely low-income to low-come units will come online in Los Angeles, representing 20% of all new units. These units will be primarily located in high-density, market-rate developments in middle- to high-income neighborhoods near mass transit. However, many housing developers are not familiar with low-income tenant acquisition, placement, and retention.
Imagine LA is currently piloting Family Inspiration Housing Program with California Landmark Group (CEO Ken Kahan). Eight Imagine LA families are in the process of moving into very low-income (50% AMI) units in the brand-new luxury G8 complex in Marina Del Rey, with the possibility of more units becoming available.