The Los Angeles City Council approved the issuance or reissuance of Multifamily Housing Revenue Bonds, not to exceed $32,000,000, for the Washington Crossing development. This 56-unit multifamily housing project, formerly known as Washington Arts Collective, is located at 4601 and 4606 West Washington Boulevard. The bonds will finance and/or refinance the acquisition, construction, rehabilitation, and equipping of the development, which includes 55 affordable housing units and one manager unit. A TEFRA public hearing was conducted on April 17, 2025, by the Los Angeles Housing Department as part of the bond issuance process, with notice published on April 9, 2025. The City Council's approval allows the bonds to be issued in accordance with CDLAC requirements. WAC, L.P. is the project sponsor and owner. The City acts as a conduit issuer, with bond debt payable solely from project revenues.