07/20/2026
After years of planning, collaboration, and dedication, Tierra Apartments successfully reached its construction loan closing last week. This milestone represents the culmination of countless hours of hard work and the collective efforts of an exceptional team of partners who remained committed to bringing this vision to life. Located in Santa Monica, Tierra Apartments will soon provide 82 affordable homes for seniors, creating a vibrant community where older adults will have the opportunity to age with dignity, stability, and the support they deserve.
A very special thank you to the entire Hollywood Community Housing Corporation staff, our financing partners, legal counsel, consultants, public agency partners, the general contractor, architect, and everyone who contributed to making this construction loan closing a success. Your expertise, persistence, and teamwork made this achievement possible.
A construction loan closing is one of the most significant milestones in the development process. It marks the transition from years of planning and predevelopment to construction, bringing us one step closer to welcoming residents home.
Congratulations to everyone who helped bring Tierra Apartments to this important milestone. We can’t wait to start construction and, before long, see these 82 affordable homes become a place that so many residents will proudly call home.