The City of Los Angeles approved the issuance of Multifamily Housing Revenue Bonds, in an amount not to exceed $180,000,000, to finance the acquisition, construction, rehabilitation, and equipping of the 375-unit Hollywood & Vine Apartments project. The project, located at 1600 North Vine Street in Council District 13, will include 75 units of affordable housing. A TEFRA public hearing regarding the bond issuance was held on February 13, 2025. The City Council's action adopts the accompanying TEFRA Resolution.