Meta Housing and LA Family Housing Break Ground on 56-Unit Affordable Housing and Special Needs Community in Sylmar, CA

 

Stephanie Klasky-Gamer

Sylmar, CA – Meta Housing Corporation, a Los Angeles-based developer, in a joint venture partnership with LA Family Housing, a Los Angeles-based affordable housing developer and homeless service provider, have announced the groundbreaking of Silva Crossing, a 56-unit, permanent supportive housing community located in the Sylmar neighborhood of Los Angeles, California.

 The $30.5 million development is designed to be an investment in the community by helping to address the ongoing need for permanent supportive housing that serves the most vulnerable populations in our community, according to Kasey Burke, President of Meta Housing.

Kasey Burke

“There is a demonstrated shortage of housing for persons who are experiencing homelessness in Los Angeles,” says Burke.

 “Silva Crossing will provide these individuals with a safe and stable living environment while offering case management and other supportive services that are so greatly needed in this region.”

 Meta Housing partnered with LA Family Housing, Los Angeles Housing + Community Investment Department, Los Angeles County Development Authority, California Department of Housing and Community Development, California Debt Limit Allocation Committee, California Tax Credit Allocation Committee, Los Angeles County Proposition HHH, No Place Like Home, Los Angeles County Measure H, RBC Capital Markets, and Pacific Western Bank to finance the project. 

Emilio Salas

 “LA Family Housing is proud of the investment in Silva Crossing and all that this property will bring to its future tenants and the surrounding community,” says Stephanie Klasky-Gamer, President and CEO of LA Family Housing.

 “In partnership with Meta Housing, we realize our vision to create homes that provide dignity, affordability, and a sense of belonging throughout Los Angeles.”

 Emilio Salas, LACDA Executive Director, adds: “As we know, the current crisis threatens to reinforce inequalities and deepens the struggles of our disadvantaged populations, including individuals with limited means and those experiencing homelessness.

   Silva Crossing groundbreaking, Sylmar neighborhood
   of Los Angeles, CA. From left: Stephanie Klasky Gamer, President and CEO of LA Family Housing; Mayor Eric Garcetti; Lynn Katano, Director at LACDA; Councilwoman Monica Rodriguez; Kasey Burke, President of Meta Housing.

 "The groundbreaking of Silva Crossing is an effort to improve the quality of life for residents and an investment in a more sustainable future for affordable housing.”

 The site was acquired in July of 2018 and construction began in October of 2020.

 Meta Housing Corporation and LA Family Housing will serve as co-developers on the project. Y&M Architects will serve as the project’s architect, while KPRS will serve as contractor.

 Silva Crossing is located at 12667 San Fernando Road in Los Angeles, California. The project is expected to be completed in July of 2022.

CONTACTS:

Micaela Fehrenbach / Lexi Astfalk

Brower Group

mfehrenbach@brower-group.com

(949) 438-6262

www.lafh.org

 www.metahousing.com.