How a new California law could kill a 30-year-old rule that slowed development in Los Angeles - News Summed Up

How a new California law could kill a 30-year-old rule that slowed development in Los Angeles


Thirty years ago, a neighborhood association in Westwood won a lawsuit against the city of Los Angeles over the approval of a 26-story office tower. The author of a new state law says it will eliminate Los Angeles’ rule. In Los Angeles County, where median home prices have soared to a record $580,000, the new law isn’t likely to lead to a construction boom. In Los Angeles, the current standard for low-income is a family of four earning no more than $72,100 a year. Here's how they're supposed to help the affordability crisisCalifornia lawmakers have tried for 50 years to fix the state's housing crisis.


Source: Los Angeles Times October 05, 2017 06:56 UTC



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