One of the first ED 1 projects was recently sold to the LA Housing Authority at a cost of $378,000 per unit, much cheaper than subsidized new construction housing.
The authority will lease the property at a mix of low and moderate income levels.
therealdeal.com/la/2026/06/0...
The Housing Authority of the City of Los Angeles is now the owner of an affordable housing project in Sawtelle that broke ground under ED1.