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Reader’s Choice Awards - Seniors Finalists
SEASONS AT COMPTON COMPTON, CALIF. — When LINC Housing started to plan its SEASONS at Compton project for seniors, the team realized that many developmentally disabled individuals had unmet housing needs. According to Suny Lay Chang, co-COO and executive vice president of development, the growing need stems from the life span increasing for developmentally disabled adults and the number of aging parents and grandparents caring for developmentally disabled dependents. When SEASONS at Compton opens its doors in July, it will feature 67 one-bedroom and 16 two-bedroom units for residents earning between 30 percent and 50 percent of the area median income. Thirty-two of the units will be set aside for households that have a developmentally disabled resident. LINC Cares will provide activities, and there will be on-site case management. The developer also creating landscaped open space with a circuit to walk with exercise stations designed for people with limited mobility. “It’s a beautiful project that serves the underserved with both the developmentally disabled and seniors populations,” says Chang. Getting the deal off the ground wasn’t an easy task. It took more than six years, about 15 funding sources, and the support of the city and the county since the property was built on a vacant lot that straddles both jurisdictions. The almost $25 million project received funding from various local, county, and state agencies, including an infill infrastructure grant and L.A. Community Development Commission support. It also received Tax Credit Assistance Program funds, permanent financing from Bank of America Merrill Lynch, tax credit equity from National Equity Fund, Inc., and a grant from the Federal Home Loan Bank of San Francisco.
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