Enterprise Community Partners – 2007 Green Communities Award Winner
Seven Maples Senior Housing included the new construction of a transit-oriented, four-story residential building over an on-grade podium. Located within walking distance from St. Barnabas Senior Center, Seven Maples includes 57 one-bedroom units, a community room and learning center, laundry rooms, central landscaped courtyard, private patios and balconies, and seven signature maple trees.
One of the first developments in Los Angeles to apply sustainable development practices to affordable housing, Enterprise Community Partners awarded Seven Maples with a Green Communities grant for its energy efficient design in June 2007. Seven Maples was made possible through a unique financing structure which included a 99-year ground lease from the Community Foundation Land Trust.
Permanent funding is provided by CRA/LA, the City of Los Angeles Affordable Housing Trust Fund administered by LAHD, AHP, Low Income Housing Tax Credits (TCAC), and equity syndicated by Hudson Housing Capital. The construction and permanent lender is Citi Community Capital.
General Contractor: Westport Construction/ICON Builders
Completed in June 2009 and fully occupied within 30 days.