Needy hurt with housing cuts

The sage green and beige apartments were supposed to open in Sun Valley this year, providing affordable and supportive housing to needy, disabled renters. Dana Bartholomew in the Daily News.

But the 60-unit Glenoaks Gardens complex has been put on hold, along with hundreds of other affordable housing projects across California, all victims of the state budget crisis. With California delaying payments on voter-approved bonds, developers have been unable to get the bridge loans from commercial lenders they need to build the projects.

"We had expected to break ground in fall 2009," said Stephanie Klasky-Gamer, president and CEO of Los Angeles Family Housing of North Hollywood, developer of Glenoaks Gardens. "(But) it's been delayed as we work out scenarios to resolve the state's financial crisis.