Los Angeles Housing Department
California

The City of Los Angeles (City), through the Los Angeles Housing Department, issues bonds. Proceeds from the sale of the bonds are used to help finance the development of qualified multi-family rental residential developments located in the City. Most of the issued bonds are tax-exempt bonds which require an allocation from the California Debt Limit Allocation Committee.

Program Status
Active
Website
https://housing.lacity.org/partners/municipal-bond-finance
Contact
Apolinar Abrajan Los Angeles Housing Department [email protected] 213-808-8947
How Provided?
Development bonds
Data Collected by Program
Does not collect data on income, race, ethnicity, disability status, or age
Program Type
Capital resources
Income Eligibility Threshold
60% AMI or less
Duration
Affordability period is 55 years
Info Source
Program administrator survey response
Last Updated
6/13/23 13:40
Other Eligibility Requirements

No other eligibility requirements

Coordinates Eligibility With

Does not coordinate with other systems

Eligibility Limitations

Does not limit eligibility on these criteria