On Friday, November 15th, CCRC's Vice President of Loan Originations Jennifer Quevedo attended the grand opening of Los Lirios in Los Angeles!
With 9,500 applicants for 64 income-restricted units, Los Lirios is a powerful reminder of the urgent demand for housing that is both affordable and sustainable. Located in Boyle Heights, Los Lirios demonstrates how transit-oriented developments can address the critical moment of building climate infrastructure while also enhancing community well-being.
By integrating housing and transportation, Los Lirios reduces reliance on cars, directly addressing the environmental impacts of long commutes. Situated along Metro’s E Line and three Metro Bus routes, it offers residents a more sustainable way to navigate Los Angeles while contributing to reduced regional traffic and pollution.
Los Lirios features studios, one-, two-, and three-bedroom apartments for families earning 30%-50% of the Area Median Income (AMI). Importantly, 20 units are dedicated to formerly homeless households, supported by Project-Based Section 8 Vouchers, PATH VENTURES’ case management, and services from East LA Community Corporation.
Residents benefit from thoughtfully designed amenities: a workout room, laundry facilities, community spaces, a children’s play area, and an outdoor courtyard, plus onsite offices for management and support providers—all tailored to foster stability and connection.
As part of the Metro Joint Development Program, Los Lirios exemplifies the integration of affordable housing with transit-oriented development to create vibrant, sustainable communities.
CCRC is committed to financing forward-thinking and multi-purpose developments like Los Lirios to meet the growing demand for affordable housing while reducing the state’s carbon footprint. This is just one example of the kind of forward-facing work of integrating communities with green infrastructure to create lasting people-oriented progress.