X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Los Angeles The measure will bring more affordable housing units to Los Angeles.

LOS ANGELES—The Los Angeles City Council voted to approve the Affordable Housing and Labor Standards for General Plan Amendments and Zoning Changes to appeal on the ballot in November. The initiative, also known as Build Better L.A., will require multifamily developers to allot a certain—as of now undetermined—percentage of units for affordable housing and low-income residents.

Kelsi Maree Borland

GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now

Copyright © 2018 ALM Media Properties, LLC. All Rights Reserved.