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$1.6M Supplemental Bond Recommended for Southside Senior Supportive Housing Project

  • When: 2025/11/12
  • Address: 1623 West Manchester Avenue, Los Angeles, CA
  • City: Los Angeles
  • State: CA
  • Category: Economic Development Incentives
  • Subcategory: Housing Program
  • Asset Class: Specialized Housing
  • Property Type: Supportive Housing
  • Size (Dollars): $1,579,936

The Los Angeles Housing and Homelessness Committee recommended the issuance of a supplemental tax-exempt multifamily conduit revenue bond, valued at up to $1,579,936, for the Southside Senior Housing Supportive Housing Project. The project is located at 1623 West Manchester Avenue. The committee's recommendation on November 5, 2025, moves the proposal to the full City Council for final approval. The City of Los Angeles will act as a conduit issuer for the bond, meaning it will not be liable for repayment.

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