Councilman Gil Cedillo and LA City Hall As the years-long affordability crisis advances, Los Angeles officials are considering a policy that would require affordable housing components in every new multifamily project. City Council will consider recommendations next week for “inclusionary zoning” requirements to establish “a fair share distribution of affordable housing” in all community plans, […]
A Related Cos. affordable housing project is headed to Montecito Heights
Related CEO Jeff Blau, HACLA CEO Douglas Gouthrie, and a rendering of the project A plan to nearly double the amount of affordable units at a public housing complex in Montecito Heights is finally advancing after roughly four years in the pipeline. The Los Angeles City Housing Authority (HACLA) submitted plans to build 185 affordable […]
How ‘Developer’ Became Such a Dirty Word
A demonized group, yet there are few solutions for the housing shortage that don’t at least partly involve more development. Source: NYT > Business – Emily Badger
Relevant Group plans 150-unit affordable complex in Skid Row while converting Morrison Hotel
Relevant Group Managing Partner Richard Heyman and a rendering of the project on 5th Street A salacious legal spat with a rival investor hasn’t slowed prolific hotel builder Relevant Group. The Hollywood firm’s latest project isn’t another boutique hotel though, it’s the near opposite — a 150-unit affordable modular complex in the heart of Downtown […]
Airbnb, Under Attack in New Jersey, Seeks a New Ally: Voters
Jersey City passed a law threatening one of Airbnb’s lucrative markets. Instead of going to court, the company is trying to get the law onto a ballot. Source: NYT > Business – Nick Corasaniti
Here are the latest under 50-unit resi projects proposed in LA
Clockwise from top left: 1141 S. Crenshaw Boulevard, 719 S. Hoover Street, 411 S. Hamel Road, 1721 S. Colby Avenue and 3839 W. Washington Boulevard (Credit: Google Maps) The top five residential projects of under 50 units proposed in Los Angeles County include four rentals and one condo complex. The total would 183 units to […]