HUD Secretary Checks Out Downtown Development
U.S. Department of Housing and Urban Development Secretary Shaun Donovan speaks during a visit to the site of the New Genesis development, accompanied by Mayor Antonio Villaraigosa, Rep. Lucille Roybal-Allard, and Councilwoman Jan Perry.
DOWNTOWN LOS ANGELES — U.S. Department of Housing and Urban Development (HUD) Secretary Shaun Donovan was on the job site of the future New Genesis apartment project on Main Street today alongside Congresswoman Lucille Roybal-Allard, Mayor Antonio Villaraigosa, and Councilwoman Jan Perry. HUD TCAP funds provided $9-million for the $35-million project, which is scheduled to open in December 2011.
Skid Row Housing Trust spokesperson Molly Rysman said that when the New Genesis opens in December 2011, the New Genesis will provide 79 apartments for people at risk of becoming homeless, with the remaining 27 apartments reserved for artists with incomes 60% or less of the area median. Resident applications will begin to be accepted 3 to 6 months prior to opening.
The Skid Row Housing Trust, which developed the project, will pursue community servicing retail, such as a coffee shop, art gallery, or a news stand, for the ground floor shops, according to Rysman.
Donovan said that a total of 500 jobs will be created as part of the New Genesis' project, including 200 for construction alone, and 20 for ongoing permanent positions for tenant services and building operations.