Home Politics $165 Million Apartment Building Opens for LA Homeless

$165 Million Apartment Building Opens for LA Homeless

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5 Million Apartment Building Opens for LA Homeless

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A taxpayer-supported luxury apartment complex is poised to open in Los Angeles’s Skid Row area, aiming to provide housing and upscale amenities for hundreds of homeless individuals.

According to Fox News, the building will feature a variety of amenities such as a café, courtyard, gym, art room, soundproof music room, computer room, library, and a TV lounge. 

Located in downtown LA, Skid Row is infamous for its significant homelessness, drug addiction, and visible mental health issues. 

This tower is part of three planned by the homelessness nonprofit Weingart Center, with the entire project estimated to cost around $165 million, as reported by Fox News.

This luxurious shelter is funded by the LA Housing Department, state housing funds, and $56 million in state tax credits, with each unit expected to cost around $600,000.

“We’re trying to make our little corner of the world look and feel a little better,” said Weingart Center Assn. Chief Executive and President Kevin Murray to the Times

Murray conceived the plan for this extensive project, which is set to become the largest permanent housing initiative in the city. 

According to the 2023 Greater Los Angeles Homeless Count, there has been a nine percent increase in homelessness in Los Angeles County year-over-year, with a 10 percent increase in the city.

Last year’s data reveals that there are 75,518 homeless individuals in the county, with 46,260 of them living in the city. 

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