Eugene Thomas Manor

2208, 2216, 2226 South Western Avenue,
Los Angeles, California

Eugene Thomas Manor is a 38-unit multifamily apartment complex dedicated to low-income persons affected by HIV/AIDS and their families. A full range of supportive services are provided by FAME Housing Corporation, a community-based sponsor of affordable housing. The three buildings, constructed in 2001, are comprised of efficiencies, one-, two- and three bedroom units. The 11 studio units share a common bathroom, kitchen, dining room and living space.

Eugene Thomas Manor is located in South Central Los Angeles on Western Avenue, a major east/west thoroughfare, between Adams Boulevard and the Santa Monica (I-10) Freeway. The Los Angeles Metropolitan Medical Center, a 200-bed hospital with programs to treat persons with HIV/AIDS, lies directly across the street from the property, while a kidney dialysis center is located within one block of the property.

27,150 net rentable sq ft on 0.7 acres.

The project is situated in the Adams Normandie 4321 Redevelopment Zone, an area targeted by the City of Los Angeles for the provision of incentives for new construction and redevelopment. This area is also part of the Los Angeles Community Development Bank Empowerment Zone, a county-wide program.

• FAME Housing Corporation, an affiliate of the First African Methodist Episcopal Church ("FAME"), provides quality affordable housing to families with incomes 35% to 60% of the median income for Los Angeles County, and has been one of the most influential community organizations in LA for over 20 years.
• Capital Vision Equities LLC is a full service real estate development and consulting group that specializes in the construction and rehabilitation of low-income and market-rate housing in greater Los Angeles.

$10,000,000

• Phoenix Realty California Properties, LP is managed by Phoenix Realty Group LLC, a national real estate investment firm providing capital and expertise to urban developers for the creation of middle-market for-sale housing, urban smart growth development, low-income tax credit housing, and community revitalization projects.
• FAME Housing Corporation