Thomas Safran & Associates (TSA) is a developer of market rate and affordable housing for seniors, families, veterans, the homeless, and other special needs populations. For over 40 years, we have developed more than 6,500 units of rental housing in Southern California and have received many awards for our communities. We pride ourselves on design and quality developments that improve the neighborhoods that we serve.
Thomas Safran & Associates. We have an in-house property management company to ensure quality control of our properties long term. We currently manage over 5,000 units in 63 different properties in Los Angeles.
TSA is known to develop the highest quality affordable, market rate and mixed-use developments. All TSA properties are equipped with community rooms, kitchens, fitness centers, a library, computer labs, and lush landscaping.
74 units of affordable and permanent supportive housing for families, onsite parking and central community space. The central community space will include a kitchen, management offices, library, computer lab and fitness center. And we have included a ground floor meeting space which may be used by the local community.
The project will serve low-income families with 50% of the units set aside as permanent supportive housing.
Affordable housing can have many definitions. We propose to rent units to households that earn at or below 60% of median income in Los Angeles. This is $36,480 for one person and $41,700 for two people. See chart below for maximum rent and income limits (subject to annual increases).
|INCOME LIMITS PER YEAR BY HOUSEHOLD SIZE|
|ONE PERSON||TWO PERSON||THREE PERSON||FOUR PERSON||FIVE PERSON|
We expect rents to range from:
|1-Bedroom||$545 to $1091 per month|
|2-Bedroom||$654 to $1309 per month|
|3-Bedroom||$756 to $1512 per month|
Permanent Supportive Housing (PSH) is affordable housing with supportive services for formerly homeless people. PSH may include veterans, seniors, transitional aged youth (18-25 years old), families, and individuals escaping domestic violence.
All interested parties complete a detailed application. All applicants will be entered into a lottery. Up to thirty-seven (37) units will be set aside for the formerly and chronically homeless and will be filled through the Coordinated entry System (CES). Applicants are subsequently screened in sequential order by their lottery number using an income verification, a credit check, a criminal background check, in-person interview, and a home inspection.