Grand Opening of Fairview Heights in Inglewood, CA
On April 12, 2022, City officials celebrated the grand opening of a new 101-unit affordable, supportive housing development in Inglewood, developed by two Los Angeles County non-profits: Linc Housing and National CORE.
Keyser Marston was retained by the City of Inglewood to perform a financial gap analysis for the development, the primary purpose of the analysis was to quantify the warranted amount of City funds that were necessary to ensure the project was financially feasible. KMA’s analysis also provided the preliminary findings for the HOME Underwriting and Subsidy Layering analysis, an additional requirement for using HOME Program funds.
The $53 million project, designed in Spanish colonial revival style, features two four-story buildings with fifty of the apartment units reserved for formerly homeless individuals and families, and 51 units designated for low-income residents. The ground floor includes 5,000 SF of community retail space while other onside amenities include private case management offices and a community center for resident programs. Laundry facilities, a playground and outdoor gathering areas are also provided. Linc Housing provides various supportive services for residents. The project is also across the street from the new K Line transit station and incorporates a four-story mural called “Rise Above” celebrating Inglewood cultural heritage.