Tierra del Sol was completed in July 2005 for a total development cost of $25.8 million dollars. The developer is New Economics for Women in a limited partnership with Hudson Housing Capital, LLC. The co-general partner is the Foundation for Affordable Housing V, Inc. Lenders included the California Department of Housing & Community Development, Los Angeles Housing Department (presently Housing & Community Investment Department), Community Redevelopment Agency of the City of Los Angeles, U.S. Bank, Federal Home Loan Bank of San Francisco, and Western Financial Bank’s Affordable Housing Program (AHP).
Includes:
- 119 single and multi-family residential apartment units
- 21 one-bedroom units
- 47 two-bedroom units
- 9 three-bedroom units
- 9 four-bedroom units
- 3 five-bedroom units
- 3,500 square foot family center
- 24-hour secured parking garage & residential entrance
