Laurel Crest Apartment Homes is one of Los Angeles County's premier green, affordable housing developments. With a density of 26.5 units to the acre, each of the 72 units has two bathrooms, energy-efficient appliances, wiring for highspeed internet and an exterior patio or balcony and range from 900 square feet to 1,100 square feet. The development is located within a quarter mile from two bus lines and a half mile from a Metrolink light rail station. The development is also within walking distance of the Antelope Valley Boys and Girls Club, and less than a mile from two parks, and the Lancaster Public Library.
The developers, Jamboree Housing, leveraged cost saving environmental efficiencies, reducing operating expenses by more than $340,000, while increasing the property’s supportable debt, and decreasing the funding required from gap financing sources. Low-water landscaping was integrated into the design, with all units oriented on an east/west meridian for the maximum amount of solar access. The development also boasts a central domestic water boiler that uses hydronic heating, significantly cutting energy costs. Photovoltaic cells will power all common areas – including the pool, community center, laundry rooms, all walkway and hallway exterior lighting during daylight hours – and, eventually, will replenish the local energy company’s supply with the excess power generated, again reducing total operating costs for the property.
Location: |
Lancaster , CA |
Region: |
West |
Renter/Owner: |
Renter Only |
Number of Units: |
72 |
Target Population: |
affordable to households with 40-60 percent AMI |
Type: |
Urban |
Credits: |
Courtesy of the California Housing Consortium |
Source: |
Jamboree Housing |
Enabling Policies: |
Expand Use of the 4 Percent Low-Income Housing Tax Credit
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