As we enter into the new year, Meta Housing is hard at work, spearheading affordable housing projects that revitalize local communities across California. The Meta team is full speed ahead with their streamlined housing developments, from their upcoming grand opening at LAMP Lodge Apartments, located in the Skid Row neighborhood of downtown Los Angeles, that will bring 82-units of housing, as well as the Silva Crossing Apartments grand opening in Sylmar, which will consist of 56-units of affordable housing.
In addition, Meta is working to break ground on Concord Apartments, to bring affordable housing units to the Bay Area. “Recent data shows that between 2017 and 2020, the Bay Area’s homeless population grew by 6,878 individuals to a total of 35,118—which accounts for more than a quarter of the growth in the total U.S. homeless population,” says Kasey Burke, President at Meta Housing.
“This is staggering statistic has garnered public attention that has been inflamed by other concerns surrounding the long-term effects of the COVID-19 pandemic, inflation, and the ongoing lack of housing in this country. But it’s important to keep a solution-oriented mindset with structural problems such as homelessness. In 2022, the state of California received $20 billion to help regions scale housing, shelters, and prevention programs. At Meta Housing, we work with government programs to effectively structure financial plans for our affordable housing projects, and coupled with the state’s policy changes to boost supply and reduce pressure on renters, we think we can continue to make a positive impact in the state.”
Projects like LAMP Lodge, Silva Crossing, and Concord will have a significant impact on their communities as they offer tangible relief to the lack of affordable housing across California. In 2023, we look forward to completing these projects and breaking ground on many more as we work diligently and efficiently with old and new partners,” says Burke.