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The Los Angeles planning department has given approvals to plans for a five-story, 220-unit affordable housing project in Canoga Park, according to a determination letter posted by the city this month.
The project will rise at 7017 – 7049 Canoga Avenue and be developed by Alliant Strategic Development, a company tied with Alliant Strategic Investments, which owns the project site through an affiliate, state filings show. It will replace about 22,100 square feet of commercial uses split across several one- and two-story commercial buildings with a new 140,653-square-foot, 59-foot-tall building reserving 22 units for extremely low-income households, 22 units for very low-income households, and 176 units for moderate-income households, plans show.
Approvals given for the Canoga Avenue project allow for Tier-3 project incentives under the city’s Transit Oriented Communities Incentive Program, including a 57-percent density bonus and a 22-foot height increase.
All 220 apartments will be one-bedroom units ranging in size from 483 to 737 square feet. For a one-person household in Los Angeles County, the Department of Housing and Community Development considers $24,850 or less to be extremely low income, $66,250 or less to be low income, and $67,200 or less to be moderate income.
Designed by VTBS Architects, the new project will provide 110 automobile parking spaces in an enclosed ground floor, along with 145 bicycle spaces. The community will also offer about 19,000 square feet of open space, including private balconies, an open courtyard, a rooftop deck, and an interior gym and recreation room.