affordable housing

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Affordable Housing Development Proposed at 4600 E. Olympic Blvd in East Los Angeles

A new affordable housing project is set to rise at 4600 E. Olympic Boulevard in unincorporated East Los Angeles, bringing much-needed low- and moderate-income housing to the area. The proposal, recently reviewed by the Los Angeles County Regional Planning Commission, aims to address the ongoing housing crisis by offering 69 affordable units. Project Overview and Design The development is spearheaded by Magna Loyal, LLC, the property owner, with architectural plans crafted by Metropolis Architecture. Known for their involvement in Executive Directive 1 affordable housing projects across Los Angeles, Metropolis Architecture has envisioned a five-story contemporary building for this site. Unlike

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Metro Seeks Community Input on Affordable Housing Near 17th Street Station

Metro is moving forward with its ambitious 10,000 Home Commitment, focusing on creating affordable housing on underutilized Metro-owned land. One of the first major projects is planned near the 17th Street/Santa Monica College station, where Metro aims to develop income-restricted housing. To ensure the development aligns with the needs of the local community, Metro is actively seeking feedback from residents. Residents have two main ways to provide their input. Metro has launched an online survey and will also hold a virtual meeting on October 23, allowing community members to share their thoughts on the project’s design, the types of services

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Proposition 33: The Heated Debate Over California’s Rent Control Measure

California’s Proposition 33 has sparked a fierce debate as it heads to the November 2024 ballot. This controversial measure, which could transform the state’s rental market, has supporters and opponents clashing over its potential impacts on housing affordability and the broader economy. With both sides launching aggressive campaigns, the conversation around Prop 33 is becoming increasingly heated, dominating airwaves and online platforms. What is Proposition 33? Proposition 33 aims to address California’s ongoing housing affordability crisis by repealing the Costa-Hawkins Rental Housing Act of 1995. Currently, Costa-Hawkins allows rent control only on housing units built before 1995. It also permits

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Hackney Wick Gets Green Light for 337-Home Co-Living Development

Hackney Wick, a vibrant and creative area in East London, is set to welcome a new co-living development after receiving approval from the London Legacy Development Corporation (LLDC). This exciting project, led by investor Mitheridge and developer Halcyon, will deliver 337 co-living homes in two modern blocks located along the canalside at 115-119 Wallis Road. The development is set to transform the waterside location, which currently houses three low-rise warehouses, into a thriving residential and commercial hub. The co-living scheme will feature a mix of five- and eight-storey blocks, offering studio apartments designed for individuals who value a community-oriented lifestyle.

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Caltrans Property Sales: LA Residents Left Out of Homeownership

California’s transportation department, Caltrans, is selling over 500 properties it seized decades ago for a defunct highway project along the 710 Corridor. While this sale offers a unique chance for reparations to communities harmed by urban renewal projects, many local residents feel excluded from the process, sparking controversy and frustration. Historically, government projects often targeted Black and Latino neighborhoods, displacing families and depriving them of generational wealth. The recent property sales, intended to provide opportunities for homeownership, are failing to fully address these historical injustices. Many long-time tenants who live in the homes being sold are now struggling to secure

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