birddog

Parkview Financial Breaks Ground on 12750 Moorpark Affordable Housing Project in Studio City

Parkview Financial is developing a 100% affordable workforce housing project at 12750 Moorpark Street in Studio City.

By Colin Percy · May 27, 2026

Parkview Financial is moving forward with a new 100% affordable workforce housing development located at 12750 Moorpark Street in the Studio City neighborhood of Los Angeles. The project, which utilizes the city's Executive Directive 1 (ED1) policy to expedite the approval of affordable housing, is currently in the planning stage.

Mayor Karen Bass and Parkview Financial CEO Paul Rahimian have highlighted the development as a key effort to address local housing affordability. The site is slated to provide residential units exclusively for the workforce, further contributing to the city's ongoing initiatives to streamline the production of deed-restricted housing.

Companies mentioned

developer

Parkview Financial

More news from California

May 28, 2026

Revised Plans Filed for 1728 Larkin Street Residential Project in San Francisco

Developers have filed updated plans for a residential project at 1728 Larkin Street in the Nob Hill neighborhood of San Francisco.

San Francisco–Oakland, CA
May 27, 2026

Hudson Valley Property Group Acquires 288-Unit Mosa Apartment Homes in Elk Grove for $84M

Hudson Valley Property Group acquires the 288-unit Mosa Apartment Homes in Elk Grove for $84 million.

Sacramento–Roseville, CA
May 27, 2026

Eden Housing Completes 50-Unit Mitchell Park Place Apartments in Palo Alto

Eden Housing completes Mitchell Park Place, a 50-unit affordable housing community in Palo Alto featuring supportive services for adults with disabilities.

San Jose–Sunnyvale, CA
May 27, 2026

Walker & Dunlop Secures $101.5M Refinancing for 312-Unit Enclave Heritage Flats

Walker & Dunlop arranges a $101.5M HUD Section 223(f) refinancing for the 312-unit Enclave Heritage Flats multifamily community in Chula Vista.

San Diego–Chula Vista, CA
May 27, 2026

Brookfield Properties Secures Approval for 12,000-Unit Concord Naval Station Redevelopment

Brookfield Properties secures Concord City Council approval for a massive 12,000-unit redevelopment of the former Concord Naval Weapons Station.

San Francisco–Oakland, CA
May 27, 2026

Terra Capital Secures Permits for 1740 North Wilton Place Multifamily Project

Terra Capital secures a construction permit for a 1740 North Wilton Place multifamily project in Los Angeles.

Los Angeles–Long Beach, CA

Get personalized project alerts in your inbox

Daily emails covering the projects and news that match your service area, building types, and the project stages you bid on.

Free now — first 50 founding members lock in 30% off at launch.

Free. One click to unsubscribe. No tracking pixels.