LOS ANGELES — General contractor R.D. Olson Construction has broken ground on DeSoto, a $62 million affordable housing development in the Woodland Hills neighborhood of Los Angeles. Meta Housing Corp. is the developer. The project team also includes AC Martin (architect), Mark Beall and Associates (landscape architect), KE Engineering Corp. (civil engineer), TAD Engineering (mechanical engineer) and EB Structural Engineers (structural engineer). Construction of the seven-story building is slated for an early 2028 completion.
The 207-unit LIHTC property will be built to achieve LEED certification. The developer has committed to offer approximately 80 percent of units for low-income households and the remainder for moderate-income renters, consistent with local affordable housing requirements. Specific rent caps tied to area median income (AMI) levels were not disclosed.