LA City plans to add more housing and affordable housing by 2029

LOS ANGELES (CNS) – The Los Angeles Department of City Planning and Housing and Community Investment Department today released a plan to accommodate the production of nearly 500,000 residential units, with more than 200,000 units reserved for lower-income residents.

If approved by the city council, the Housing Element would guide Los Angeles housing policy from 2021 to 2029. The last Housing Element was adopted in 2013 and will remain in force until the end of the year.

According to the Ministry of Urban Planning, the next housing element must allow the city to increase its current housing production five-fold and add around 57,000 new homes each year for the next eight years to address the housing shortage, the city planners reported.

The plan includes a reallocation program that would increase the density in resource-rich neighborhoods, limited to single-family homes, to provide capacity for 219,732 new housing units within three years of the plan’s approval.

According to the draft plan, the department will identify and recommend a reallocation for at least 97,851 units with middle and above-average incomes and at least 121,1881 units with lower incomes by October 30, 2024. This program is implemented through updates to 16 community plans, including in Boyle Heights, Hollywood, Harbor Gateway, Wilmington, four in West LA, six in the southeast and southwest San Fernando Valleys, and two in downtown Los Angeles.

“This plan, our Plan to House LA, was developed with our residents in mind, especially those who have been disenfranchised, marginalized and left without housing due to large wealth gaps and the lack of affordable units,” said Planning Director Vince Bertoni.

“As a city, we have made it our mission to develop a number of strategies that will enable us to successfully meet our housing challenges.”

The plan will be submitted to the town planning commission for final recommendation before being submitted to the city council for approval in the fall. It aims to define strategies that distribute market-driven and affordable housing fairly and enable access to housing for residents with disabilities, large families and older adults, according to city planners.

“By carefully balancing the production, maintenance and protection of affordable housing, we intend to create new access to housing, take significant steps to end chronic homelessness and accommodate Angelenos without fear of displacement,” said Bertoni.

People can read the draft for Housing Element 2021-2029 at https://bit.ly/3xdRQZf. People can publicly comment on the plan by emailing [email protected]

Copyright 2021, City News Service, Inc.

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