80-unit affordable building is the first to open under LA's fast-track development program

The project was fast-tracked under an executive order issued by Mayor Karen Bass in late 2022.

1 minute read

August 9, 2026, 9:00 AM PDT

By Diana Ionescu @aworkoffiction


Google street view of vacant lot behind construction fence in Koreatown, Los Angeles, California.

The lot at 606 S Hobart before construction began. | Google Maps / Google Maps

Los Angeles officials celebrated the opening of a new affordable housing building in the Koreatown neighborhood. 

According to a report by Hoonsik Woo in The Korea Daily, the 80-unit building is the first project completed under Executive Directive 1, an initiative by Mayor Karen Bass to expedite the permitting process for new housing. "Signed by Mayor Bass shortly after taking office in late 2022, Executive Directive 1 streamlines city approvals for 100% affordable housing developments by bypassing discretionary reviews, public hearings, and lengthy City Council debates."

Developers say the new process is transforming the way they build in Los Angeles, cutting down the timeline from application to move-in readiness to under two years. "With Atto on Hobart serving as proof of concept, housing advocates hope this fast-track model will encourage more developers to build income-restricted projects across Los Angeles."

Friday, August 7, 2026 in The Korea Daily

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