On April 22, 2025, the Los Angeles City Council approved a TEFRA resolution authorizing the issuance of up to $26,300,000 in multifamily housing revenue bonds to finance the construction of a new 78-unit affordable housing project located at 619, 623, 627 and 629 South Westlake Avenue in Council District 1. The project, sponsored by 619 Westlake, L.P., will provide 77 residential units for low- and moderate-income households plus one manager’s unit. The approval followed a public hearing conducted by the Los Angeles Housing Department on March 11, 2025, as required under the Tax Equity and Fiscal Responsibility Act of 1982. LAHD published notice of the hearing on March 4, 2025, and no public comments were received. The bonds are payable solely from revenues provided by the sponsor and do not impose liability on the City. This financing complies with city and LAHD bond policies, including the payment of prevailing wages and project monitoring requirements. The resolution takes effect immediately upon adoption and is intended to support the expansion of affordable housing stock in Los Angeles. The project is wholly located within the City, in a densely urban mixed-use neighborhood near the Westlake Metro station. The bond issuance will leverage private investment to advance the City’s housing goals without drawing on the General Fund.