WHAT DOES THE DEVELOPMENT CONSIST OF?
Thatcher Yard is a 98-unit housing complex that is comprised of studio, one-, two-, and
three-bedroom apartment units (including a manager’s unit). This project has both
non-age-restricted and age-restricted (62+) units.
WHAT WILL BE PROVIDED IN EACH UNIT?
All units will have a full kitchen (range/oven, refrigerator) and a tub or shower in the
bathroom. Each unit will have air conditioning and plank flooring.
ARE THERE ACCESSIBLE UNITS?
Yes, Thatcher Yard has accessible units and/or units with accessible features. Applicants may
inquire about features of these units by contacting management.
WHAT AMENITIES WILL BE PROVIDED?
Amenities include a computer lab, fitness center, laundry facilities, long-term bicycle storage,
semi-subterranean parking, landscaped courtyard with playground, BBQ, and onsite management and
case worker offices.
HOW DO I REQUEST A REASONABLE ACCOMMODATION/MODIFICATION?
If you or anyone in your household has a disability and needs any reasonable
accommodations/modifications to live at Thatcher Yard and use our services, please contact
management staff to fill out a Reasonable Accommodation or Modification form.
WILL PARKING BE PROVIDED?
There will be approximately 81 total parking spaces provided. Residents who do not receive an
assigned parking spot may find street parking. Not all units will be guaranteed on-site parking.
HOW ARE RESIDENTS SELECTED AND ARE THERE ANY PREFERENCES?
This project will serve low-income households.
Of the 98-units, 30 are non-age restricted units. Fifteen of the non-age restricted units will
be set aside as Permanent Supportive Housing (PSH) and will be filled by referral through The
People Concern. The remaining 15 non-age restricted units will be filled through a random
lottery process.
Of the 98-units, 67 are age-restricted units for households 62 and older. Thirty-four of the
senior units will be set aside as Permanent Supportive Housing (PSH) and will be filled by
referral by The People Concern. The remaining 33 senior units will be filled through a random
lottery process.
Parties interested in entering this lottery must complete a detailed application. All eligible
applications will be entered into a random selection lottery. The list of those selected in the
lottery will be posted. The location and date of the posted list of lottery winners will be
provided in a letter which will be sent to all applicants confirming receipt of their
application.
The lottery winners are subsequently screened with an income verification, a credit check, a
criminal background check, an in-person interview and then a home inspection. Thomas Safran
& Associates manages the tenant review process carefully to assure the community is filled
with highly qualified residents.
Permanent Supportive Housing units will be filled by referrals received through LAHSA’s
Coordinated Entry System (CES). For additional information on the CES program, please visit
www.LAHSA.org/CES or contact TSA management for information on LAHSA/CES Access Points for this
property.
WHAT IS PERMANENT SUPPORTIVE HOUSING (PSH)?
Permanent Supportive Housing (PSH) is affordable housing with supportive services for formerly
homeless people. PSH may include veterans, seniors, transitional aged youth (18-25 years old),
families with children, and individuals escaping domestic violence.
WILL SUPPORTIVE SERVICES BE PROVIDED? TO WHOM?
Yes, supportive services will be provided to all PSH residents of the project only. The Housing
Authority of the City of Los Angeles (HACLA) requires that PSH households sign a statement of
family responsibility. Households that fail to participate in supportive services may be
evicted.
The project will not provide public drop-in supportive or emergency services for non-residents.
ARE THERE MINIMUM INCOME REQUIREMENTS?
Applicants must have a gross monthly income that is at least twice their monthly rent. For
example, if monthly rent is $1,200, the gross annual income should be at least $28,800 ($1,200 x
2 x 12 months). Failure to satisfy the minimum income to rent ratio is indicative of
insufficient income to pay rent and all other household expenses.
Voucher applicants and applicants of subsidized units are exempt from the minimum income
requirements.
ARE THERE MAXIMUM INCOME LIMITS*?
Yes, applicants must have incomes at or below 80% area median income for Los Angeles County. See
the chart below for current annual maximums.
*The income limits are adjusted annually by the U.S. Department of Housing and Urban Development
(HUD) and are subject to change.
|
INCOME LIMITS PER YEAR BY HOUSEHOLD SIZE*
|
ONE
PERSON |
TWO
PERSON |
THREE
PERSON |
FOUR
PERSON |
FIVE
PERSON |
SIX
PERSON |
SEVEN
PERSON |
| $70,640 |
$80,720 |
$90,800 |
$100,880 |
$108,960 |
$117,040 |
$125,120 |
*The income limits are adjusted annually by the U.S. Department of Housing and Urban Development
(HUD) and are subject to change.
HOW MANY PEOPLE CAN LIVE IN EACH UNIT?
Thatcher Yard offers studio, one-, two-, and three-bedroom units for low income households.
Please refer to the occupancy limits below. Note: These may vary for the PSH units.
| # of Bedrooms |
Minimum |
Maximum |
| 0 |
1 |
2 |
| 1 |
1 |
3 |
| 2 |
2 |
5 |
| 3 |
3 |
7 |
WHAT ARE THE MAXIMUM RENTS YOU WILL HAVE*?
The following rents apply to the units that will be filled through the initial lottery.
|
EXPECTED RENTS*
|
| Studios |
up to $1,042 per month |
| 1-Bedroom |
up to $1,787 per month |
| 2-Bedroom |
up to $2,144 per month |
| 3-Bedroom |
up to $2,478 per month |
To qualify, applicants must have a gross monthly income that is at least twice their monthly
rent* and must be below the unit’s income limits for the household. Please contact TSA
management for additional information.
*The rents are adjusted annually by the U.S. Department of Housing and Urban Development (HUD)
and are subject to change. Voucher holders are not subject to the minimum income requirement.
ARE THERE RENT INCREASES?
Yes, they are restricted to a formula determined annually by HUD based on percentage increases
in median income for the Los Angeles area. For the last five years, rent increases have ranged
from 0% to 7% per year.
ARE PETS ALLOWED?
Yes, Thatcher Yard is a pet-friendly community. Additional security deposit and pet rules apply
for pets. Assistance animals are not considered pets. Please notify management if you have an
assistance animal.
IS SMOKING ON THE PROPERTY ALLOWED?
No, Thatcher Yard will be a 100% non-smoking community. This includes no smoking in the units,
patios/balconies, and community areas. Residents or guests who choose to smoke are required to
smoke off the property. This policy is strictly enforced.
