Olive Street Development LIHTCPB Section 8 Los Angeles, CA

Profile last updated · Data vintage: HUD LIHTC 2024

Olive Street Development is a Low-Income Housing Tax Credit (LIHTC) community in Los Angeles, CA with 309 units. Rents are set relative to household income.

309
total units
occupancy
avg resident rent
reported wait

Resident & program facts (HUD-reported)

Program(s)Low-Income Housing Tax Credit (LIHTC), Project-Based Section 8
Address740 S Olive St, Los Angeles, CA 90014 Map →
Tax-credit (LI) units308
Placed in service2010

How to apply at Olive Street Development

LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.

  1. Call or visit the management office at 740 S Olive St, Los Angeles; ask if the waitlist is open and request an application.
  2. Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
  3. Claim eligible preferences (homelessness, veteran, local residency) with documentation.
  4. Respond fast to interview letters; verify rent expectations against your budget.

Other subsidized housing in Los Angeles

Nearby subsidized housing (within ~10 km)

PropertyLocationDistance
Angelus Plaza North LIHTCPB Section 8Los Angeles0.8 km
Angelus Plaza Ii PB Section 8Los Angeles0.8 km
Rosslyn Hotel Apartments LIHTCPB Section 8Los Angeles0.8 km
Rosslyn Lofts LIHTCPB Section 8Los Angeles0.8 km
Lucas Studios Project LIHTCLos Angeles0.8 km
San Lucas Senior Housing LIHTCLos Angeles0.8 km
Crescent Arms LIHTCLos Angeles0.8 km
Metropolitan Lofts LIHTCLos Angeles1.1 km

← All subsidized housing in Los Angeles

Frequently asked questions

What kind of subsidy does Olive Street Development have?
Low-Income Housing Tax Credit (LIHTC); Project-Based Section 8. LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.
How much is rent at Olive Street Development?
Rents are income-based: expect to pay roughly 30% of adjusted monthly household income under the building's federal program.
How do I apply at Olive Street Development?
Contact the management office at 740 S Olive St in Los Angeles. Ask whether the waitlist is open, request an application, and claim any preferences you qualify for. There is never a fee to apply for HUD-subsidized housing.

Figures from HUD's Picture of Subsidized Households (FY2025) and/or LIHTC database (2024); administrative averages that may lag current conditions. Equal Housing Opportunity. This site is not affiliated with HUD or the property owner.