Abbey Road lands LA County loan for affordable housing

by TRD Staff

The Los Angeles County Board of Supervisors has approved a $3 million loan to support Abbey Road’s development of The Main Apartments, a 64-unit affordable housing project in the San Fernando Valley neighborhood of North Hills.  Located at 15302 Rayen Street near Sepulveda Boulevard, the four-story complex will offer studio, one-, two- and three-bedroom units, with some reserved for renters earning up to 30 percent of the area median income, Urbanize Los Angeles reported.  The county’s contribution will be combined with $56 million from other sources to meet the project’s $59 million budget.  Designed by AC Martin and built by […]This article originally appeared on The Real Deal. Click here to read the full story.
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