Los Angeles

Canoga Park Scores 395 New Senior Apartments in Mega Affordable Build

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Published on June 29, 2026
Canoga Park Scores 395 New Senior Apartments in Mega Affordable BuildSource: Google Street View

Work is already ramping up at 21010 Vanowen Street in Canoga Park, where a six-story, 395-unit senior affordable housing complex is moving from paperwork to reality. The Meta Housing project will reserve nearly all of its apartments for low- and moderate-income seniors and is expected to be completed in 2028. Demolition crews are taking down the existing one-story office building and surface lot to clear the site for construction.

According to Urbanize LA, construction permits issued by the Los Angeles Department of Building and Safety confirm that work has commenced, with entitlements granted in 2025. The Real Deal has also tracked the filings and notes that the developer is pursuing streamlined approvals under the mayor's Executive Directive 1.

What The Building Will Deliver

A staff report to the California Tax Credit Allocation Committee lays out the basics of the deal: 395 total units, made up of 391 income-restricted rentals plus four manager's units. The plan calls for 365 one-bedroom apartments and 30 two-bedroom apartments, aimed at households earning roughly 30 to 70 percent of area median income. The same report pegs the total development cost at about $124.7 million, or roughly $315,800 per unit, and recommends a reservation of $5,922,079 in annual federal tax credits along with $57.5 million in tax-exempt bond cap.

In other words, this is a classic modern affordable housing stack: tax credits, bonds and a lot of careful financial engineering to keep rents below market for seniors.

Builder, Parking And A Small Discrepancy

Design-build contractor Milender White lists the project in its portfolio as "The Ashford," and describes approximately 349,900 square feet of above-grade construction with 134 resident parking stalls on the lower levels. That figure does not quite line up with earlier numbers. Entitlement documents and prior coverage put on-site parking closer to 54 spaces, a lower count noted by The Real Deal. For now, the paper trail suggests a lingering discrepancy that will be worth watching as final construction plans settle.

Where This Fits In Warner Center

21010 Vanowen is Meta Housing's third major affordable development in the broader Warner Center area. The firm already has a 301-unit complex at 21300 W. Oxnard Street and a 232-unit proposal on De Soto Avenue, according to the developer and local reporting. Meta Housing and neighborhood coverage say this growing cluster is part of a broader effort to deliver large-scale affordable housing close to transit and existing neighborhood services, rather than scattering senior units in smaller stand-alone buildings.

Timeline And Next Steps

The CTCAC staff report details construction financing that includes Citibank tax-exempt bonds and tax-credit equity. It shows the developer anticipated breaking ground in January 2026, with a placed-in-service date projected for January 2028. Between now and then, the focus shifts to city permitting, construction sequencing and the usual neighborhood concerns about traffic and construction impacts, as the site moves from demolition into full vertical construction under long-term affordability covenants.