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It has completed three projects with about 250 units, using funding from Proposition HHH, the $1.2-billion housing bond approved by Los Angeles city voters in 2016.
Century funds its loans to affordable housing developers from a combination of its own capital assets, lines of credit provided by commercial banks and charitable foundations, and participation in publicly sponsored loan funds, including the City of Los Angeles New Generation Fund, [16] the Los Angeles County Housing Innovation Fund [17] and ...
California Atty. Gen. Rob Bonta is seeking a receiver to manage the assets of Chinese Committee on Aging Housing Corp. after years of complaints at the nonprofit's 268-unit affordable housing ...
SB 290 expands California's density bonus law to include affordable housing for low income college students. Density bonuses allow developers to build denser housing, so long as a portion is set aside for affordable housing. AB 1584 makes void any housing covenants that would prohibit the construction of an ADU in certain circumstances.
During the 1990s, Palmer focused on building more than 2000 market-rate housing in downtown Los Angeles and its suburbs. [9] In 2001, Palmer completed the 632-unit Medici, the first of a series of downtown Italian-inspired apartment blocks situated beside freeways, [10] [11] which coincided with a revival of downtown Los Angeles. [12]
The poll, known as the 2024 LABC Institute Housing Affordability Survey in Partnership with the Los Angeles Times, surveyed 600 registered voters in the city of Los Angeles between April 3 and 7.
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