2615 W. 8th Street, Land Acquisition, Permanent Affordable Housing; Land Bank Pilot Program Site #4

On November 12, 2025, the Los Angeles County Board of Supervisors authorized the Chief Executive Officer or her designee to execute a Purchase Sale Agreement for the acquisition of a 27,641-square-foot property at 2615 W. 8th Street in Los Angeles, under the CEO-Homeless Initiative Land Bank Pilot Program. The property, located in the Westlake Community Planning area, will serve as the site for a permanent affordable housing development consisting of up to 160 units across a seven-story building with a 4.5:1 floor area ratio. The project, which qualifies as a by-right development under California Government Code Section 65583.2(i) due to its alignment with the City of Los Angeles Housing Element, will reserve more than 20% of units for lower-income households. Alongside residential units, the development will include up to 1,400 square feet of community-serving commercial space and a 2,700-square-foot community amenity area, along with minor landscaping, low-level security lighting, and code-compliant parking. Construction is expected to take approximately 24 months, with no subsurface parking planned and only minor earth disturbance anticipated despite the potential need for localized foundation piles. The project is eligible for multiple California Environmental Quality Act (CEQA) exemptions, including the statutory exemption under Public Resources Code Section 21080.27(a)(2) for affordable housing, which eliminates the need for full environmental review provided funding is sourced from one of the 14 designated state and local programs. A recorded deed restriction will ensure affordability for either 55 years (for rental units) or 45 years (for ownership units), and all construction work must comply with California prevailing wage laws. The site will remain an active parking lot until construction begins. Seven large Ficus street trees adjacent to the property may be impacted, and two small ornamental trees and shrubs within the parking lot are slated for removal. The project is part of a broader initiative to combat displacement and gentrification in rapidly changing neighborhoods, with oversight conducted by the Chief Executive Office-Real Estate Division of Los Angeles County. No formal federal contract clauses, procurement evaluation factors, or detailed financial breakdowns were included, as the transaction is structured as a land acquisition under state and local authority rather than a federal procurement.