In Los Angeles, the fair market rent for a two-bedroom apartment is $1,361*. With minimum wage at $8 per hour, many low-income working families find it impossible to meet rent and have enough left over for food, clothing and other necessities, not to mention an occasional meal out or special gift for a child that so many others take for granted.

 
If progress proceeds as planned, 112 families in the Los Angeles area will have access to affordable homes when Lorena Apartments is completed. Located in the Boyle Heights neighborhood in Los Angeles, Lorena Apartments, a joint venture between LINC Housing and Global Premier Development, Inc., will offer 63 two-bedroom and 49 three-bedroom homes in two four-story buildings, all designed in California contemporary style. The all-new complex will also include picnic and barbeque areas, a playground and a recreation center.

“Los Angeles is one of the most expensive rental markets in the nation, so there’s always a tremendous need for affordable homes for working families living in the area,” said Hunter L. Johnson, LINC president and CEO. “We recently received a grant from the JPMorgan Chase Foundation, partly due to our work in this neighborhood. The Foundation is currently focused on an initiative to revitalize Boyle Heights through transformative grant making in community development, education, and arts and culture, and we’re pleased we share the same vision for the area.”

* Rent data from the National Low Income Housing Coalition’s Out of Reach 2009 Report

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