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Meta Housing Breaks Ground on $51M Transit-Oriented MF in Koreatown

Los Angeles-based Meta Housing Corp., in a joint venture partnership with Western Community Housing, broke ground on the $51.4 million Vermont Corridor Apartments. The six-story, 72-unit transit-oriented senior and permanent supportive housing multifamily community is at 433 S. Vermont Ave. in Los Angeles’ Koreatown neighborhood.

The project will provide affordable housing for seniors aged over 62 earning between 25 and 60% of the area median income. Thirty-six of the units will include supportive services funded through the county’s voter-approved Measure H, and subsidized rents for residents experiencing varying levels of homelessness. Funding comes from the city’s voter-approved Proposition HHH and a partnership with the city’s Housing Authority (HACLA), the L.A. Housing and Community Investment Department (HCID) and the county.

The property will also include a 12,500-square-foot community center on the ground-floor dedicated to the YMCA that will provide community services. The project is expected to be completed in March 2021.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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