Linc Housing Corporation, a Long Beach-based affordable developer, plans to build a mixed-use complex in L.A.’s Chinatown neighborhood. The nonprofit will partner with the California Endowment, which owns the land.
The project would include a four-story commercial building and a seven-story, 124-unit residential building, according to a May 6 filing with the Los Angeles City Planning Department.
Of the residences, 122 would be affordable. The entire development would span 193,500 square feet.
The site has multiple addresses at 800-908 North Main Street and 1081-1087 North Vignes Street in Los Angeles. It’s currently a vacant parking lot, which was last sold in July 2009 for $2.6 million, according to its Redfin listing and property documents reviewed by TRD.
Linc, which started out as a Corporate Fund for Housing 40 years ago, is a nonprofit development company run by CEO Rebecca Clark that aims to serve as “the ‘linc’ between hope and home,” according to its website.
As of 2024, it has 2,100 units and $1 billion in real estate assets under development. Linc did not respond to a request for comment.
The California Endowment is a healthcare-focused foundation created in 1996 that has $3 billion in assets and has made 22,000 grants, according to its website. Dr. Robert Ross serves as its CEO.
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