Angeles House
LADF Allocation    $15,000,000
Total NMTC Funding    $27,000,000
Total Project Cost    $37,832,400
Permanent Jobs Created  -  34
Construction Jobs Created  -  30
Square Footage Added  -  74,900
Union Rescue Mission (URM) will use the NMTC financing to fund the new construction of the Angeles House. Construction is expected to begin in March 2020 and be completed in June 2021.

The Angeles House project will be a 74,900 SF community facility, of which 55,900 SF will be for housing units and approximately 19,000 SF will be used for support services and administration.

The Project will allow URM to provide a safe and secure place for unsheltered children and their parents. The Project will add 86 transitional housing units with a capacity of up to 370 Low Income Persons, and will provide support services to residents onsite. When completed Angeles House, in conjunction with the Sponsor’s other projects addressing homelessness (including Hope Gardens), the Sponsor expects to reduce by 35% to 40% the number of unsheltered children, which number was estimate to be 900 in 2019. The Angeles House project will exclusively serve families, and will house approximately 275 previously unsheltered children (depending on the number of one- and two-parent families).

Los Angeles accounts for 3% of the total United States population and is home to 7% of all people experiencing homelessness. About 58,000 people in Los Angeles County experience homelessness on any given night, of which 22% are under the age of 18. The highest concentration of Los Angeles’ population experiencing homelessness is on the streets of Skid Row — an area less than a mile wide and filled with drugs, drinking, violence, and despair. At the Angeles House project, the Sponsor will be able to address many of the issues around homelessness in Skid Row.