LOS ANGELES, Jan. 22, 2013 /PRNewswire-USNewswire/ -- The nation's first LGBT friendly affordable senior housing provider announced its latest 40 unit development, Argyle Apartments. Located at Hollywood and Western just one metro stop from GLEH's Triangle Square, the new development will provide affordable housing to Hollywood's rapidly developing neighborhood.
"Just 70 months ago, on March 22, 2007, we opened our doors at Triangle Square to the nation's first LGBT friendly affordable senior housing development that has been a beacon of hope and acceptance around the world," said Eric Harrison, Executive Director. "Today, our partnership with AMCAL expands GLEH's footprint in our home district of Hollywood to more individuals seeking affordable housing in an LGBT friendly environment."
The $17.5 million project is a partnership of GLEH Los Angeles Corporation and AMCAL Multi-Housing, Inc.The project will be funded through California Redevelopment Agency (CRA), JP Morgan Chase and low-income housing tax credits. "Seeing Triangle Square become a reality in 2007 was a dream come true for those of us who stand up for tolerance, understanding and equality," said Council Member Eric Garcetti. "I applaud the partnership between the Gay & Lesbian Elder Housing Los Angeles Corporation and AMCAL for expanding LGBT friendly affordable housing in Los Angeles and revitalizing the community." Replacing an underutilized site, Argyle will feature a community room with kitchenette and lounge, landscaped common area with barbeque grills, children's play structure and an outdoor seating. Argyle Apartments is scheduled to open in Spring 2014.
About GLEH Los Angeles Corporation
GLEH Los Angeles Corporation's mission is to improve communities across the nation by developing LGBT friendly affordable housing. Together with its sister organization, Gay & Lesbian Elder Housing (GLEH), who provides comprehensive housing care for seniors, they ensure a brighter future in accepting and affordable environments. www.gleh.org
Founded in 1978, AMCAL is committed to revitalizing the housing landscape of California, and has won multiple awards for its rental and for-sale products. From land acquisition to design, to coordination with municipalities and final construction, AMCAL communities always look and feel like market-rate developments. www.amcalhousing.com
SOURCE GLEH Los Angeles Corporation