Cedillo Opens 100% Affordable Housing Complex in CD1

Cedillo Opens 100% Affordable Housing Complex in CD1

March 9, 2017

PRESS RELEASE
Cedillo Opens 100% Affordable Housing Complex in CD1
Continues to Provide Affordable Housing Under A Housing Crisis

Los Angeles—Councilmember Cedillo helped cut the ribbon on ‘The Paseo at the Californian,’ an affordable large family property consisting of 53 affordable apartments, replacing an underutilized and blighted lot. The building represents a 7-yearlong effort of its developers, banks, funding partners and City and State agencies each of which are committed to providing Los Angeles with high quality, sustainable, affordable housing. The site of this newly constructed development used to house the former Hotel Californian, which endured arson fires in 1960 and was finally destroyed in a 1994 fire and demolished in 1995.

The historic rooftop sign once graced the former Californian Hotel rooftop and sat rusting and forgotten for 20 years in Griffith Park. Thanks to the advocacy of Councilmember Cedillo, American Communities located the sign, secured it and restored it. Restored by neon expert Paul Greenstein, the sign was returned to its former glory atop the Paseo at Californian where it will glow nightly.

“This is a great way to return from the campaign trail,” stated Councilmember Gil Cedillo. “We are continuing to do what we have been doing for the past four years, and intend to do for the next term, building affordable housing around the district to ease the pressures of the Housing Crisis. We are on track to completing over 1,000 units of affordable housing in Council District 1 alone since taking office. We have to continue to House LA,” added Councilmember Cedillo.

Rents in the building are very affordable ranging from $570 for the least expensive 1 bedroom, up to between $790 – $1,302 for the 3 bedrooms, 2 bath units, all of which are based on Area Median Incomes (AMI). The building was certified LEED Gold in January 2017. As such, the building features many green components including low VOC paint and adhesives insuring pure air quality for occupants. Quality of housing or design were not compromised to provide our constituents with the respect and dignity that they deserve.

Councilmember Gil Cedillo currently represents the 1st Council District, which includes all or parts of the neighborhoods of Glassell Park, Cypress Park, Highland Park, Mt. Washington, Solano Canyon, Sycamore Grove, Elysian Park, Echo Park, Westlake, Angelino Heights, Temple Beaudry, Lafayette Park, Chinatown, Forgotten Edge, Lincoln Heights, Montecito Heights, Pico Union, Adams-Normandie, University Park, Mid Cities and Mac Arthur Park.

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