The newly updated Housing Element of the city of Los Angeles General Plan makes an ambitious commitment to housing construction—after decades of slow construction and a population out of scale with the city's housing stock.
The Los Angeles City Council voted in November "to adopt an update to the general plan's housing element which aims to accommodate the construction of up nearly 500,000 new homes," reports Steven Sharp for Urbanize Los Angeles.
The Housing Element update, titled the "Plan to House L.A.," requires the city "to add approximately 57,000 new homes annually between 2021 and 2029," reports Sharp. Living up to that standard would represent a fivefold increase on the city's current rate of housing production, according to Sharp's calculations.
Local elected officials are quoted in the article comparing Los Angeles' housing element update to the example of other cities, including neighboring Santa Monica and Pasadena, which have been more resistant to the requirements of the state-mandated Regional Housing Needs Assessment process.
Sharp's coverage of the Plan to House L.A. includes a lot of economic and demographic need for housing in the second most-populous city in the United States. Read more at the link below.
FULL STORY: L.A. City Council adopts plan to build 500,000 new homes by 2029
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