AFFORDABLE HOUSING OVERVIEW
The LACDA prides itself in sponsoring new solutions to local issues and forming partnerships with private and public agencies to address the local housing shortage and affordability crisis. The agency helps develop and rehabilitate affordable housing for renters, homeowners, and special needs populations by administering federal, state, and local financing programs available to private developers, income-eligible homeowners, and non-profit organizations.
The agency also serves as the second largest public housing agency (PHA) in Southern California and receives funding from the HUD to provide subsidized rental housing to approximately 23,000 families of limited means through partnerships with approximately 9,200 property owners participating in the Section 8 Housing Choice Voucher (HCV) Program. Through its Public Housing Program, the LACDA also owns and operates 3,229 public and affordable units located on 68 sites.