Low Income (LIHTC)Waitlist Open

Panama Hotel Apartments

403 E 5th St, Los Angeles, CA, 90013

Information verified June 19, 2026·We re-check waiting list status daily

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About This Property

Panama Hotel Apartments consists of 72 studio units in Los Angeles, California, with 71 designated as low-income housing. The property has been in service since 2017 and is owned and operated by a non-profit organization. Financing includes HOME funding and 9% Low-Income Housing Tax Credits.

Waitlist Information

Waitlist managed by Housing Authority of the City of Los Angeles

Public Housing Waitlist

Open

Apply: Multiple

HACLA operates one city-wide waiting list for its public housing developments, but is currently not accepting 1-bedroom applications. Local preferences are given to applicants who are employed, attending higher education, self-sufficient, active military/veterans, disabled, or age 62 or older, with priority for veteran families.

Last verified June 11, 2026

Section 8 (HCV) Waitlist

Closed

Opened October 17, 2022

Closed October 30, 2022

Apply: Online

A computer-randomized lottery selected up to 30,000 applicants for placement on the waiting list. Preferences included living or working in the City of Los Angeles, and veteran status.

Last verified May 26, 2026

Waitlist data provided by section8waitlist.org

Updated June 19, 2026

Property Details

Total Units

Studio

Fair Market Rent - Los Angeles County, CA

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

Bedrooms	FMR
Studio/Efficiency	$1,777
1 Bedroom	$2,006
2 Bedroom	$2,544
3 Bedroom	$3,263
4 Bedroom	$3,600

Income Limits - Los Angeles County, CA

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person

Extremely Low (30%): $24,850
Very Low (50%): $41,400
Low (80%): $66,250

2 Persons

Extremely Low (30%): $28,400
Very Low (50%): $47,300
Low (80%): $75,700

3 Persons

Extremely Low (30%): $31,950
Very Low (50%): $53,200
Low (80%): $85,150

4 Persons

Extremely Low (30%): $35,450
Very Low (50%): $59,100
Low (80%): $94,600

5 Persons

Extremely Low (30%): $38,300
Very Low (50%): $63,850
Low (80%): $102,200

6 Persons

Extremely Low (30%): $41,150
Very Low (50%): $68,600
Low (80%): $109,750

7 Persons

Extremely Low (30%): $44,000
Very Low (50%): $73,300
Low (80%): $117,350

8 Persons

Extremely Low (30%): $46,800
Very Low (50%): $78,050
Low (80%): $124,900

Household	Extremely Low (30%)	Very Low (50%)	Low (80%)
1 Person	$24,850	$41,400	$66,250
2 Persons	$28,400	$47,300	$75,700
3 Persons	$31,950	$53,200	$85,150
4 Persons	$35,450	$59,100	$94,600
5 Persons	$38,300	$63,850	$102,200
6 Persons	$41,150	$68,600	$109,750
7 Persons	$44,000	$73,300	$117,350
8 Persons	$46,800	$78,050	$124,900

Tax Credit Program Details

Year Placed in Service

2017

LIHTC Credit Type

Low-Income Units

71 / 72

Funding Programs

HOME

Designations

Non-ProfitQualified Census Tract

Frequently Asked Questions

What is the average rent for affordable housing in Los Angeles, CA?+

The Fair Market Rent (FMR) for Los Angeles County, CA is: $1777 (Studio), $2006 (1BR), $2544 (2BR), $3263 (3BR), $3600 (4BR). Actual rent at subsidized properties like Panama Hotel Apartments is typically 30% of household income or less.

What size apartments are available at Panama Hotel Apartments?+

Panama Hotel Apartments offers the following unit types: 72 Studio units, for a total of 72 units.

What are the income limits for affordable housing in Los Angeles County, CA?+

For a 4-person household in Los Angeles County, CA, the income limits are: Extremely Low Income (30% AMI): $35,450, Very Low Income (50% AMI): $59,100, Low Income (80% AMI): $94,600. These limits are set by HUD and updated annually.

Is there a waitlist for Panama Hotel Apartments?+

Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

How do I apply for housing at Panama Hotel Apartments?+

Panama Hotel Apartments is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.

Who manages Panama Hotel Apartments?+

Panama Hotel Apartments is managed by . You can reach them at .

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