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Midtown Park Apartments study finds $60–$70M in deferred repairs, seeks MOHCD response before public release
Summary
LAFCO’s Midtown Park Apartments municipal housing management study estimates $60–$70 million in deferred repairs across six buildings and a recommended $40 million reserve over the next 20 years; staff will share the draft with MOHCD and CalCo and then post the study publicly.
LAFCO staff and consultants Fernando Marti and Steve Suzuki presented an update on the Midtown Park Apartments municipal housing management study on Nov. 15, which includes a physical‑needs assessment and recommendations for future management options.
Staff said the consultants estimate approximately $60–$70 million in repairs across…
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