In 2012, FACE (formerly KCCD) was successful in organizing faith and community leaders to advocate for a community benefits agreement from J.H. Snyder, who was receiving $17 million in public funds for building a $169 million mixed-use project in Koreatown, Los Angeles. FACE successfully gained the commitment of J.H. Snyder to build 96 units of affordable housing, donate $1 million for a community center, and provide technical assistance for the development of a Koreatown community center, as part of their community benefits agreement. FACE was designated as the nonprofit partner.
In 2014, FACE was able to gain the partnership of AMCAL Multi-housing Inc. to proceed with its affordable housing project. Named Meridian Apartments, the building has 100 units of affordable housing for low-income families in Koreatown. Located by Vermont/Beverly, the mixed-use complex has retail shops, along with close proximity to public transportation. Construction began Fall 2015 with groundbreaking ceremony in early 2016 (see press release) and opened for housing in 2017. FACE continues to look and partner with developers for affordable housing projects.
Call 213-985-1500 to speak with a specialist!