Can LA's Redevelopment Agency Avoid 20% Affordable Housing?
The Los Angeles Community Redevelopment Agency is asking the City Council to let it develop two parcels on glitzy Bunker Hill in downtown LA without a requirement for 20% of the development's housing to be affordable. The CRA wants to instead allocate the affordable housing south of the Santa Monica Freeway. LA Times Columnist Patt Morrison asks if this is a wise precedent to set -- especially in LA?
Thanks to Chris Steins