Dozens of new residents, as well as developers with Thomas Safran and Associates (TSA), joined Councilmember Bill Rosendahl to celebrate the grand opening of a luxurious, affordable housing project that will provide a home for the most vulnerable in the City of Los Angeles.
Del Rey Square, located near the intersection of Culver and Inglewood Blvds., consists of project-based Section 8 units, tax-credit units, public housing units, and units dedicated to transition formerly homeless residents. Monthly rent payments are approximately 30 percent of their income, far below market value.
Del Rey Square has 124 units and will have 100 percent occupancy next week. There are 31 formerly homeless seniors –two of them veterans– that currently live at Del Rey Square. During a ceremony last Friday, the building was named after the 11th District Councilmember for his passion and commitment to the homeless.
“This project is extremely important for our homeless seniors and veterans,” Rosendahl said. “Tom Safran built beautiful housing close to the ocean that will only increase nearby property values. I’m thrilled that our efforts to assist the most vulnerable populations has been realized in Del Rey Square.”
Rosendahl brought together the public and private sectors to collaborate on the project located at 11976 Culver Blvd. in Del Rey. The Housing Authority of the City of Los Angeles (HACLA), as well as other state and federal agencies, helped secure financing for some of the units.
“It was the vision of Bill Rosendahl and our city partners (Los Angeles Housing Authority and LA Housing Department) that helped make this incredible housing opportunity and solution for seniors, veterans and homeless people in our city,” said Safran. “We worked closely with our partners toward the same goal: to help our seniors live independently as long as possible in an affordable, elegant and safe environment.”
The formerly homeless at Del Rey Square will receive assistance from St. Joseph Center to ensure their successful transition. TSA also has a full-time staff person to aid the formerly homeless residents.
“What this project says about Bill is he always finds a way to navigate the waters to get things done,” said Mike Bonin, Councilmember-elect for the 11th District. “This project also says a lot about Bill’s heart. Because of his insistence, this project went from good to exemplary. Bill’s heart is the biggest asset to this district.”
“I think of those whom have been injured both physically and mentally,” said Rosendahl. “As we move forward to find more public-private partnerships on projects like this one, our veterans need to know that we are together in combat and we will protect each other all the time.”
The building also has a fitness center, computer lab, and community room which is being used by the Del Rey Neighborhood Council for its regular meetings.