Casa Yondé

Casa Yondé

1053 S. New Hampshire Ave. Los Angeles, CA 90006

2014


Casa Yondé, located in Koreatown, is a new construction project consisting of 52 family units. The project replaces 26 obsolete aging housing units with 52 units of affordable new construction units, doubling the site’s contribution to the city’s housing stock and adding to the city’s affordable stock. Of the 52 proposed units, 18 will be set aside for supportive housing for homeless households. The community and social services space on the ground floor will be used by the service partner to provide off- and on-site clinical mental health services for these youth, adult educational programs, case management and one-on-one counseling for all residents. In addition to services, the project will also provide approximately 1,500 square feet of multipurpose community space and 4,000 square feet of open and landscaped courtyard.

For a detailed description of Casa Yondé as a safe, environmentally responsible, energy/water efficient LEED-certified "Green" building, please click on the link below.

[ Casa Yondé - A "Green" Building ]


Unit Mix


52 units (4 studios, 24 one-bedroom units, 7 two-bedroom units, 16 three-bedroom units, 1 two-bedroom manager’s unit)


Affordability


Low-income households (30% - 50% AMI); 18 reserved for homeless residents and the remaining 33 for low-income residents.


Development Team


Lead Developer LTSC CDC
Community Partner Koreatown Immigrant Workers Alliance (KIWA)
Equity Partner Union Bank
Architect Birba Group Architects
Contractor Ellias Construction, Inc.


Project Financing


Predevelopment / Acquisition

    • Corporation for Supportive Housing
    • Koreatown Immigrant Workers Alliance (KIWA)
    • Private Parties
    • The Harold W. and Sonia S. Sunoo Peace in Korea Foundation
    • Wells Fargo

Construction / Permanent

    • California Department of Housing and Community Development: Multifamily Housing Program
    • Los Angeles County Department of Mental Health through the Mental Health Services Act
    • California Tax Credit Allocation Committee
    • JPMorgan Chase Bank
    • CRA/LA, a Designated Local Authority
    • Housing Authority of the County of Los Angeles
    • Housing Authority of the City of Los Angeles