All units will have a full kitchen (range/oven, dishwasher, refrigerator) and a tub/shower combination in the bathroom. Each unit will have air conditioning and wood vinyl plank flooring.

Hollywood Arts Collective has accessible units and/or units with accessible features. Applicants may inquire about features of these units by contacting management.

Amenities include a computer room, fitness room, laundry facilities, and an on-site management office.

If you or anyone in your household has a disability and needs any reasonable accommodations/modifications to live at Hollywood Arts Collective and use our services, please contact management staff to fill out a Reasonable Accommodation or Modification Form.

There will be approximately 76 total parking spaces provided. Residents who do not receive an assigned parking spot may find street parking. Not all units will be guaranteed on-site parking.

This project will serve low-income households. This project has a preference for artists.

All eligible applications for Hollywood Arts Collective will be entered into a random selection lottery. The list of those selected in the lottery will be posted. The location and date of the posted list of lottery winners will be provided in a letter which will be sent to all applicants confirming receipt of their application. Applicants chosen in the lottery but not assigned a unit will be placed on a waiting list for future availability. Please refer to the Tenant Selection Plan for complete details.

Hollywood Arts Collective is a Low-Income Housing Tax Credit (LIHTC) project. LIHTC is the most prolific program available to developers to create affordable housing for low-income Americans. The tax code allows an artist preference in LIHTC projects. For projects with an artist preference, that means that housing units are filled first with applicants who meet the eligibility criteria for the artist preference. If the units cannot be filled with eligible artist candidates, the units will be filled with applicants from the general pool.

For the purposes of the Artist Preference, “artist” is someone who is regularly engaged in an artistic, creative, or cultural activity or practice and pursues such practice on a professional basis. For the purposes of this definition, artistic, creative, or cultural practices may include the following disciplines:

Applicants must have a gross monthly income that is at least twice their monthly rent. For example, if monthly rent is $900, the gross annual income should be at least $21,600 ($900 x 2 x 12 months). Failure to satisfy the minimum income to rent ratio is indicative of insufficient income to pay rent and all other household expenses.

Voucher applicants and applicants of subsidized units are exempt from the minimum income requirements.

Yes, there are maximum income limits. Applicants must have incomes that fall below 80% of the Los Angeles area median income. The current annual 2022 maximums are as follows:

*The income limits are adjusted annually by the U.S. Department of Housing and Urban Development (HUD) and are subject to change. Some units may have income restrictions lower than those listed above.

Hollywood Arts Collective offers one, two and three-bedroom units. Please refer to the occupancy limits below.

Studio rents will be up to approximately $1,668 per month
One-bedroom rents will be up to approximately $1,787 per month
Two-bedroom rents will be up to approximately $2,144 per month
Three-bedroom rents will be up to approximately $2,478 per month

Note: There are a limited number of units available at the lower rents. Lower rents will be assigned as applicants qualify in rank order.

*The rents are adjusted annually by the U.S. Department of Housing and Urban Development (HUD) and are subject to change.

Yes. They are restricted to a formula determined annually by HUD based on percentage increases in median income for the Los Angeles area. For the last five years, rent increases have ranged from 0% to 7% per year.

Yes. Hollywood Arts Collective is a pet-friendly community. Additional security deposit and pet rules apply for pets. Assistance animals are not considered pets. Please notify management if you have an assistance animal.

No. Hollywood Arts Collective will be a 100% non-smoking community. This includes no smoking in the units, patios/balconies, and community areas. Residents or guests who choose to smoke are required to smoke off the property. This policy is strictly enforced.

100% full-time student households do not normally qualify unless they meet one of the exceptions. In order for a household of full-time students to be considered eligible, they must meet one of the following criteria:

Use of the California Federal Tax Credit program requires the units remain affordable for at least 55 years. However, the developers propose to keep the rents affordable indefinitely.

Thomas Safran & Associates (TSA) will manage the building. TSA currently manages over 5,000 units in over 60 different communities that range from as small as 14 units on Santa Catalina Island to 283 units in Koreatown, Los Angeles.

Information and updates on the application process and timeline can be found online at: www.thehollywoodartscollective.com or by calling our hotline at (888) 291-9994 or TTY: (800) 855-7100.