In a bold move to combat Los Angeles’ affordable housing crisis, Arctaris Impact Investors, LLC and Housing Diversity Corporation (HDC) have introduced Liv DTLA, a pioneering affordable housing development designed to provide permanent supportive housing in the city’s bustling downtown area.
This eight-story, 227-unit complex marks a major step in addressing the region’s severe housing shortage, leveraging private investment and strategic urban planning to create a high-impact, community-driven solution.
Liv DTLA: A Strategic Housing Initiative with Private Investment
Located at 1411 S. Flower St.—within an Opportunity Zone—Liv DTLA benefits from prime real estate positioning, just steps from the Los Angeles Convention Center and Pico Metro Station (A & E Lines). This ensures easy access to public transportation, facilitating connectivity for residents and supporting urban mobility.
Unlike many affordable housing projects that rely heavily on federal subsidies, Liv DTLA is privately funded, with Arctaris Impact providing critical financing and HDC spearheading development efforts.
🏠 Key Highlights:
✔ Privately funded project—reducing dependency on federal aid.
✔ Strategic downtown location near major transit hubs.
✔ Permanent supportive housing through a five-year master lease with the Los Angeles Homeless Services Authority (LAHSA).
Innovative Financing: Master Lease Model for Affordable Housing
One of Liv DTLA’s most innovative aspects is its five-year master lease agreement with LAHSA, which enables The People Concern—a leading social services organization—to provide wraparound support for residents.
💡 How This Model Benefits Affordable Housing:
- Streamlines financing by reducing reliance on public housing grants.
- Speeds up project completion compared to traditional affordable housing projects.
- Provides long-term stability for low-income residents and individuals experiencing homelessness.
Nihar Sait, Managing Director & Head of Real Estate at Arctaris, emphasized that this approach allows developers to house low-income families more efficiently—an essential breakthrough for cities struggling with affordable housing bottlenecks.
Liv DTLA: A Scalable Model for Future Urban Development
Los Angeles has long faced affordable housing challenges, but Liv DTLA represents a transformative shift in how such projects can be structured, financed, and executed. By combining:
✅ Private investment strategies,
✅ Strategic transit-oriented development, and
✅ Public-private partnerships with LA County,
this project sets a new benchmark for scalable affordable housing solutions that could be replicated across other urban centers facing housing crises.
As Los Angeles continues to navigate economic challenges, rising housing demands, and urban expansion, Liv DTLA serves as a model for sustainable, impact-driven real estate investment—proving that innovative financing and strategic partnerships can drive meaningful social change.
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