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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 the six‑building complex to address decades of deferred maintenance. In addition, the consultants recommended a reserve of roughly $40 million to cover maintenance and capital needs over the following 20 years.
The study’s next steps are to share the draft with the Mayor’s Office of Housing and Community Development (MOHCD) and the property manager (CalCo) and to request a written response from MOHCD that will be included as an appendix. After those responses are received, the draft will be released to Midtown residents for review and feedback, and a final meeting with residents, MOHCD, CalCo, consultants and LAFCO staff will conclude the study.
Staff reported resident engagement to date: about 20 residents attended each of six meetings and the survey response rate was roughly 21%. Commissioners thanked staff for centering resident voices and discussed the next policy and funding decisions that will be needed at the mayoral and board levels to address long‑term financing and possible ownership options.
