LOS ANGELES—The nation's first LGBT-friendly affordable senior housing provider announced its latest 40 unit development, Argyle Apartments. Located at Hollywood and Western just one metro stop from GLEH's Triangle Square, the new development will provide affordable housing to Hollywood's rapidly developing neighborhood.
"Just 70 months ago, on March 22, 2007, we opened our doors at Triangle Square to the nation's first LGBT friendly affordable senior housing development that has been a beacon of hope and acceptance around the world," said Eric Harrison, Executive Director. "Today, our partnership with AMCAL expands GLEH's footprint in our home district of Hollywood to more individuals seeking affordable housing in an LGBT friendly environment."

The $17.5 million project is a partnership of GLEH Los Angeles Corporation and AMCAL Multi-Housing, Inc.The project will be funded through California Redevelopment Agency (CRA), JP Morgan Chase and low-income housing tax credits. "Seeing Triangle Square become a reality in 2007 was a dream come true for those of us who stand up for tolerance, understanding and equality," said Council Member Eric Garcetti. "I applaud the partnership between the Gay & Lesbian Elder Housing Los Angeles Corporation and AMCAL for expanding LGBT friendly affordable housing in Los Angeles and revitalizing the community." Replacing an underutilized site, Argyle will feature a community room with kitchenette and lounge, landscaped common area with barbeque grills, children's play structure and an outdoor seating. Argyle Apartments is scheduled to open in Spring 2014.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.