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South LA Affordable Housing Development Nearing Completion

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The $15M affordable housing development Paloma Terrace is nearing completion.

The project, built by the Retirement Housing Foundation, will feature 59 one-, two- and three-bedroom apartments as well as a private library, activity rooms and a basketball court.

Rents for the affordable housing units will range from $458 to $1,272/month, according to Urbanize LA. 

Killefer Flammang Architects designed the building.

The project is replacing an approximately .95-acre lot at 5000-5024 S Main St. [ULA]