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Central Los Angeles : NEW HOPE

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On the site of a print shop destroyed during the 1992 riots, a nonprofit developer is constructing a 46-unit housing complex, slated to be completed by the fall of 1996.

“Every family has the same desire for suitable housing for themselves and their children,” said Bishop Ralph Leon, chairman of the Interdenominational Community Development Corp.

The corporation has coordinated the $6.9-million development deal to provide housing and services in the South-Central area, said Chris Steins, the acting executive director of the organization.

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Funding will come from a variety of public and private sources, including tax credits and banks.

The Adams Congress Apartments will provide affordable housing at sliding-scale rates for units ranging in size from one to four bedrooms.

Unlike larger housing projects, the complex will be run by a tenants association, Leon said.

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