Affordable Housing Developer Builds Posh New Offices in Brentwood But PSH Complexes in Venice

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Affordable Housing Developer Builds Posh New Offices — Designed by Venice Architect Frank Gehry — in Brentwood While Readying Plans for 100-Unit PSH Complex in Venice’s Oxford Triangle READ ARTICLE

According to the California Tax Credit Allocation Committee (“CTCAC”),¬†individuals and entities in B-Wood and Pac Pal own and manage more than 3,800 tax-credit funded affordable housing units in other parts of the city, but there are no tax-credit funded affordable housing units in either Brentwood or Pacific Palisades.

In fact, according to CTCAC, all 430 tax credit-funded affordable housing units are south of the northern border of Venice at Rose Avenue and about a third of tax credit funded affordable housing units are in — or effectively in — Venice.

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