California housing bill could have ‘far-reaching effects’ in Los Angeles, report says - News Summed Up

California housing bill could have ‘far-reaching effects’ in Los Angeles, report says


Developers can’t take advantage of the bill’s increased density provisions on properties where tenants have lived for at least seven years, and the legislation requires projects larger than 10 units to set aside a portion for low-income residents. It also allows communities at risk of gentrification to delay implementation of the bill for five years so that they can create alternative plans to increase density.


Source: Los Angeles Times April 24, 2019 00:55 UTC



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