Restore Neighborhoods, LA, the developer of the Bungalow Gardens, announced the completion of the project in mid-October, 2021.
“We are very excited and proud to let you know that as of this month Bungalow Gardens is complete and we’ve leased up four of the eight units ” RN-LA wrote.
“This is truly a milestone for affordable housing. It’s the first bungalow court project in Los Angeles in 70 years, it’s the first crowdfunded homeless housing project in the nation, and we delivered these beautiful units at a cost of only $220k/unit— less than half of what a typical affordable unit in Los Angeles costs.“
Now four local residents experiencing homelessness have a beautiful apartment to call home, with four more moving in soon.
We are proud to have helped connect the developer with community investors through their Reg CF offering for this impactful little project.
Images courtesy of RNLA
