HVN plots 77 more affordable apartments in Valley with Sherman Oaks proposal
HVN Development is plotting another multifamily project in the San Fernando Valley as it ramps up its efforts across the Los Angeles region. The locally based affordable housing developer filed an application with the Los Angeles Department of City Planning to clear six homes in Sherman Oaks to erect a five-story residential building at 5003 North Kester Avenue, Urbanize Los Angeles reported. The building would contain 77 one- and two-bedroom apartments with no one-site parking. The development, designed by HVN’s frequent architecture partner Stockton Architects, would be designated for rent by low-income and moderate-income households. The developer is seeking bonuses […]This article originally appeared on The Real Deal. Click here to read the full story.
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