Grand Opening of ACE/121
Affordable Housing Project and Gallery
Mike Fortney, Senior Housing Project Manager
Thomas R. Lorenz, Director of Communications & Community Relations
Grand Opening of ACE/121 Affordable Housing Project and Gallery
Glendale, CA – ACE/121, Glendale’s newest art-focused affordable housing project located at 121 North Kenwood Street will be celebrating its Grand Opening on Thursday, May 25, 2017, between the hours of 6pm and 8pm (by invitation only). The ACE/121 project is a collaboration between Meta Housing Corporation, the Glendale Housing Authority, and the YMCA of Glendale, and is located in the heart of Glendale’s Arts and Entertainment District. ACE/121 is a 100% affordable housing art colony project for lower income families.
Over the years, the Glendale Housing Authority has developed a diverse portfolio of affordable housing projects serving low income populations such as families, seniors, veterans, formerly homeless, and now artists. Given the location of the site in the heart of the City’s Arts and Entertainment District, this project was planned with an artist preference and designed with the necessary amenities to facilitate those established artists, encourage those who are aspiring artists, and foster those who want to discover their art. Mayor Gharpetian stated, “This project recognizes the difficult, and sometimes tragic struggles, we have seen in this state for affordable housing and creative expression – housing that provides stability and stimulates the growth of an individual, of a neighborhood, and of a city. ACE/121 does all that.”
The 70-unit ($30M) Meta Housing project (one unit designated as a manager’s unit), built on the local YMCA campus, was financed utilizing 9% Housing Tax Credits offered by the California Tax Credit Allocation Committee and a loan of $6.1M from the City of Glendale Housing Authority. The project consists of 6 lofts, 8 one-bedroom/loft units, 34 two-bedroom units, and 22 three-bedroom units ranging in size from 610-1,160 square feet. Artist loft units are located on the ground floor of Kenwood Avenue and serve as a screen to the parking podium. Additional artist lofts are located on the podium level surrounding the courtyard/sculpture garden.
The space includes a makerspace with pottery wheels, kilns, and easels, as well as, a music room, a performing arts room, a digital and media lab, a community room, and an art gallery. The approximate 1,000 square foot public art gallery is located between the residential building and the remodeled YMCA motor court.
For more information about the project, click here.
Glendale, known as the “Jewel City,” is one of the largest cities in Los Angeles County. With a population of over 200,000, Glendale is a thriving cosmopolitan city that is rich in history, culturally diverse, and offers limitless opportunities. It is the home to a vibrant business community, with major companies in healthcare, entertainment, manufacturing, retail and banking.