Vista Terrace Opens in Panorama City, Providing Affordable Housing

New 102-unit development offers low-income families and formerly homeless individuals a home with amenities

Apr. 9, 2026 at 11:07pm

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A brightly colored, high-contrast silkscreen print of a stylized couch or armchair repeated in a tight grid pattern, conceptually representing the comfortable, community-oriented living spaces at the new Vista Terrace affordable housing complex.The vibrant new Vista Terrace development in Panorama City brings a modern, community-focused approach to affordable housing.Los Angeles Today

Los Angeles City Councilmember Imelda Padilla and leaders from Thomas Safran & Associates celebrated the grand opening of Vista Terrace, a 102-unit affordable apartment building in Panorama City. Financed with low-income housing tax credits and other public and private sources, the development offers a mix of studio, two-, and three-bedroom units for low-income families and individuals, with 25 units set aside for the formerly homeless.

Why it matters

The opening of Vista Terrace represents an important step in addressing the affordable housing crisis in Los Angeles. By providing dignified, community-focused housing with amenities, the development aims to give low-income residents and formerly homeless individuals the stability and resources they need to thrive.

The details

Vista Terrace features units with heating, air conditioning, fully equipped kitchens, plank flooring, and window coverings. Amenities include a library, community room, fitness center, laundry facility, landscaped outdoor areas, parking, and bike storage. The development was financed through low-income housing tax credits and additional public and private funding sources.

  • Vista Terrace held its grand opening on Thursday, April 9, 2026.
  • The 102-unit development welcomed its first residents six months prior to the grand opening.

The players

Imelda Padilla

Los Angeles City Councilmember who represents the district where Vista Terrace is located and was excited to celebrate the grand opening of the affordable housing development.

Thomas Safran & Associates

The real estate development company that built Vista Terrace, their first project in Panorama City. They have developed over 6,400 units in Southern California.

Kathleen Anderson

A single mother of five and resident of Vista Terrace, who previously lived in an unsafe and dilapidated apartment but now has a sense of comfort, stability, and the ability to focus on her entrepreneurial goals.

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What they’re saying

“To be able to grow up to be a successful person, you need to make sure you're living in a community with good housing, dignified housing. When this development was first coming to my district, I was incredibly excited because I've seen Safran & Associates in action in this region.”

— Imelda Padilla, Los Angeles City Councilmember

“Since moving here we have more space, more peace, and a greater sense of comfort and stability. It has given me the opportunity to focus more on my entrepreneurial goals. I've also built meaningful connections here. Living here truly means a lot to me. This is a beautiful community with amenities that not all affordable housing offers. Most importantly, it feels like home, and l am proud to live here.”

— Kathleen Anderson, Vista Terrace Resident

What’s next

Councilmember Padilla and Thomas Safran & Associates plan to continue working together to bring more affordable housing developments like Vista Terrace to the Panorama City area to address the ongoing need for dignified, community-focused housing options.

The takeaway

The grand opening of Vista Terrace demonstrates how public-private partnerships can create affordable housing communities that not only provide stable homes, but also offer amenities and a sense of community that empower low-income residents and formerly homeless individuals to thrive.