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HVN Builds 81 Affordable Units in North Hollywood | Real Estate News

A six-thousand-square-foot North Hollywood lot just sold for $1.1 million to HVN Development, which plans to build an 81-unit, five-story affordable housing complex—100% reserved for low- and moderate-income residents. This project, part of HVN’s rapid expansion in the San Fernando Valley (already underway on over 600 units across 10 projects), benefits from city incentives and a new state law eliminating parking requirements near transit, slashing costs and accelerating construction. With more projects in the pipeline—including Riverton Avenue and Califa Street—HVN is proving that affordable…

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