THATCHER YARD

Opening Summer 2024

Affordable & Supportive Senior and Non-Age Restricted Housing Community
(424) 610-9210 | TTY: (800) 855-7100

The application period officially ended on August 31, 2023 for the age-restricted units and on September 30, 2023 for the non-age restricted units.  Applicants can expect to receive a notice with application status by the end of January 2024.


Thatcher Yard Building Map - horizontal Thatcher Yard Building Map - vertical
98 Units
studio floor plan
STUDIO
51 Age Restricted Units

one bed floor plan
ONE BEDROOM
14 Age Restricted Units
12 Non-Age Restricted Units
two bed floor plan
TWO BEDROOM
2 Age Restricted Units
10 Non-Age Restricted Units
three bed floor plan
THREE BEDROOM
8 Non-Age Restricted Units
1 Manager Unit
*Floorplans may differ slightly throughout the building and are not guaranteed to be the exact floorplan as shown above.
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.

Frequently
Asked Questions

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 $1,077 per month
1-Bedroom up to $1,855 per month
2-Bedroom up to $2,221 per month
3-Bedroom up to $2,564 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.