Los Angeles-based development firm delivering privately financed affordable housing.
with the discipline, speed, and clarity of a market-rate operator.
The need for affordable housing is immediate. the way it gets built must reflect that.
Eleos was founded in response to publicly financed affordable housing, which requires years to layer subsidies before construction can begin.
Using density bonus programs and public incentives, Eleos privately finances projects and works directly with partners on the ground. We move from approval to delivery without the delays that define the process for publicly financed projects.
Different sites, same approach.
Projects shaped by a consistent approach to financing, approvals, and delivery.
In view:
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The Elara
The Elara is a 100% affordable apartment building consisting of 40 units, entitled using the City of Los Angeles’ Transit Oriented Communities (TOC) Density Bonus. The project is one of the first of its kind in this corridor that maximized the allowable density bonuses and provides critically needed quality housing in this neighborhood.
Status
Completed, Leasing
Location
Los Angeles, CA
Elysian on Soto
The Elysian on Soto is a fully stabilized property that was built utilizing the Transit Oriented Communities (TOC) Density Bonus program. It serves as a home base for 40 families in a rich commercial corridor served by high quality transit.
Status
Completed, Stabilized
Location
Boyle Heights, CA
Private Capital
By operating outside public funding, Eleos moves at market pace.
This allows for faster decisions, simpler deal structures, and the ability to scale.Regulatory Leverage
California’s housing laws were designed to enable affordable development, but they’re often underused.
Eleos knows how to apply them. We work through approvals and entitlements to turn complexity into a practical advantage.Vertical Integration
Eleos manages the process from acquisition through construction and lease-up.
Keeping key functions in-house reduces coordination gaps and helps avoid delays and cost overruns.
The partners who make it possible
A network of private lenders and capital partners who understand that affordable housing, done right, is both a sound & meaningful investment.
Path
Health Net
LACDA
Brilliant Corners
La Mas
Self Help
Century Housing
Hopics
The Rightway Foundation
HACLA
