Property Detail
Description
Prime location! Sherman Oaks ED1 Project Approximately 50 Plus Affordable Units. 100% Affordable Project. The CHIP Ordinance contains the Affordable Housing Incentive Program (AHIP), which is applicable to 100% affordable housing projects. Since the Project Site is in the Highest Opportunity Area (as designated by the California Tax Credit Allocation Committee), a 100% affordable Project is allowed unlimited residential density, zero minimum automobile parking, a 33-foot height increase, and relief from any applicable roadway widening requirements. Up to five (5) Additional Incentives, on- or off-menu, plus one (1) Waiver of Development Standard, may be requested by the Project to achieve relief from applicable development standards (e.g., open space, setbacks, etc.) under various types of ministerial actions.
Map Location
Listing provided courtesy of Stephanie Vitacco of Equity Union. Last updated . Listing information © 2026 SANDICOR.
DRE#: 01358480
9915 Mira Mesa Blvd Ste 140 San Diego, CA 92131-7003
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