California Community

Castelar, Chinatown - Los Angeles

Castelar Apartments is located north of downtown Los Angeles at the gateway to Chinatown district. Occupancy for the 101 affordable family apartments began in 2003 with Mayor James K. Hahn and Councilmember Ed Reyes at the Grand Opening.

In 2004, the Downtown News co-honored Castelar as the best affordable housing project in downtown Los Angeles.

The $14,000,000 project was financed with 9% Low-income Housing Tax Credits and conventional debt and financing from the Los Angeles Housing Department.

Construction is four levels of Type V over two levels of Type I garage, and the steep slopes required reciprocal agreements with adjacent land owners.

Social services are provided by Chinatown Services Center.

100% affordable :
22 units – 40% AMI
16 units – 45% AMI
62 units – 50% AMI

Photos

Year Built

2003

Type

Family

No. Units

101

Total Cost

$14,000,000

Developer

AMCAL Multi-Housing

Contractor

AMCAL General Contractors

Architect

Van Tilburg, Banvard and Soderbergh

Financing

Equity

$9,949,000
SunAmerica Affordable Housing Partners

Construction

$4,000,000
California Bank and Trust

Permanent

$2,831,000
California Community Reinvestment Corp.

Agency

$525,000
Los Angeles Housing Dept

Non-Profit

Foundation for Affordable Housing