Vista Terrace, a new 102-unit affordable housing complex on Van Nuys Boulevard in Panorama City, officially cut the ribbon Thursday, even though several families had quietly moved in months earlier. The four-story building mixes studio and family-sized units, and reserves 25 apartments for people exiting homelessness. On-site services and shared spaces are already helping households settle in, and Councilmember Imelda Padilla joined residents, developers and service partners to mark the opening.
What Vista Terrace Offers
According to Thomas Safran & Associates, Vista Terrace at 8134 Van Nuys Boulevard is a 102-unit tax-credit community that offers studios, two-bedroom and three-bedroom apartments, all with heating and air conditioning, fully equipped kitchens, plank flooring and window coverings. The property features a community room, library, fitness center, laundry facilities and landscaped outdoor areas for residents to share. The listing also notes that the general waiting list for the property is currently open.
Layout, Unit Mix And Parking
The Morley Builders project page shows that Vista Terrace includes 48 studios, 27 two-bedroom units and 26 three-bedroom units, plus one manager’s unit. The 113,000-square-foot development sits above a 21,300-square-foot garage that provides about 55 parking spaces. Project materials list a community room and fitness space among the on-site amenities, and note that the four-story structure rises over a podium garage and was designed with specific sustainability targets in mind.
Supportive Housing And Services
Per the project’s FAQ, 25 apartments at Vista Terrace are reserved as Permanent Supportive Housing for formerly unhoused households, and all placements into those units will come through LifeSTEPS referrals. The FAQ states that supportive services will be provided only to residents in the Permanent Supportive Housing units, and that the Housing Authority of the City of Los Angeles requires those households to sign a family-responsibility statement as part of the program rules. Project paperwork also lays out income limits, expected rents by unit type and tax-credit requirements that are intended to keep the apartments affordable for decades.
Residents Say It Matters
Some residents had already been living at Vista Terrace for months by the time the ribbon was cut, and they describe the building as a turning point. Gerardo Diaz, who moved in about six months earlier, told the Los Angeles Daily News that “we got a second chance.” Single mother Kathleen Anderson said the home has given her “more space, peace, stability and the opportunity to focus on entrepreneurial goals.” The paper also reported that other families had arrived well before the ceremony, and that Councilmember Imelda Padilla attended the event alongside developers and service partners.
Funding And The Developer
Project documents state that Vista Terrace was financed with low-income housing tax credits and a mix of public and private funding, and earlier coverage notes that the development also received major city support. The Real Deal reported that Thomas Safran & Associates secured roughly $54.3 million in city awards to help build the Panorama City complex. Project materials also say Thomas Safran & Associates and its management arm have developed and managed thousands of affordable units across Southern California.
How To Apply
The developer’s property listing states that the general waiting list is currently open and directs interested renters to the Vista Terrace property page for application details and contact information. According to the project materials, management oversees the initial screening process, runs a lottery for eligible applicants, and then conducts eligibility interviews and income verification. Local housing counselors and partner agencies will coordinate referrals for the Permanent Supportive Housing units.
