Our model is simple. We develop PSH communities three times faster and at a quarter of the cost of traditional affordable housing developers. We do this by using private equity financing, building entirely “by right”, and employing modular manufacturing to build shared housing units for our tenants.
Our flagship development at 820 West Colden Avenue in Los Angeles opened its doors to 32 homeless neighbors and one resident manager in November 2018. It cost $3.85 million ($117,000/person), was permitted in 3 months and its active construction time was 7 months. The Steaven K Jones Supportive Community has 8 4-BR units, a manager’s unit and a community room.
Each tenant has his or her own private bedroom, and share a kitchen, a bathroom and a living/dining area. The space is light and bright, with high 8’10” ceilings and operable windows. We used quality finishes, such as luxury vinyl tile floors and solid surface counters. Each unit is fully insulated and has heating and air conditioning. The bedrooms have fans for air circulation. The ground floor is ADA-compliant (with roll-in showers for disabled tenants) and the upper floors are ADA-adaptable. We have a gurney-sized elevator as well.
Steaven K Jones Supportive Community
Our model is simple. We develop PSH communities three times faster and at a quarter of the cost of traditional affordable housing developers. We do this by using private equity financing, building entirely “by right”, and employing modular manufacturing to build shared housing units for our tenants.
Our flagship development at 820 West Colden Avenue in Los Angeles opened its doors to 32 homeless neighbors and one resident manager in November 2018. It cost $3.85 million ($117,000/person), was permitted in 3 months and its active construction time was 7 months. The Steaven K Jones Supportive Community has 8 4-BR units, a manager’s unit and a community room.
Each tenant has his or her own private bedroom, and share a kitchen, a bathroom and a living/dining area. The space is light and bright, with high 8’10” ceilings and operable windows. We used quality finishes, such as luxury vinyl tile floors and solid surface counters. Each unit is fully insulated and has heating and air conditioning. The bedrooms have fans for air circulation. The ground floor is ADA-compliant (with roll-in showers for disabled tenants) and the upper floors are ADA-adaptable. We have a gurney-sized elevator as well.
