Artists are now, officially, in residence in Hollywood. Officials from developer Thomas Safran & Associates, the and the City of Los Angeles gathered for a ribbon cutting and open-house celebration at the Hollywood Arts Collective’s Residential Building on Wednesday to launch the 151-unit tax credit property in the heart of Hollywood. The seven-story property — named after the late icon and located at 1630 Schrader Blvd.
, near the Hollywood Walk of Fame — houses apartments, all of which are occupied exclusively by artists (defined as someone who has regularly engaged in an artistic, creative or cultural practice and who pursues such practice on a professional basis) and their families. Residents were selected first by lottery, then based on income requirements and other factors. Speakers and attendees at Wednesday’s event included Safran, Keith McNutt, ECF’s executive director of the Western region, Garrett Gin, senior vp of global marketing at Bank of America, Tim Elliott, general manager at the Los Angeles Housing Department, Emma Howard, community development and planning director for Council District 13 in L.
A., Councilmember Hugo Soto-Martinez, Davis Han, district representative for California senator Ben Allen, Armeen Neshat, deputy director of affordable housing for Mayor Karen Bass, and property resident Irene Lim. In his comments, Safran praised key partners on the project and pointed out that the building is complemented by lush courtyards so that resident.
