CALIFORNIA | LOCAL
December 22, 2009 | By Scott Gold
Los Angeles officials are close to completing a deal that would relocate a metal finishing company that has long been the bane of a poor neighborhood -- the final piece of an ambitious quarter-billion-dollar plan to bring affordable housing to a pocket of South L.A. The company, Palace Plating, has become symbolic of the enduring troubles that followed South L.A.'s slapdash development. Opened in 1941, it's the type of factory that drew thousands of working-class families to the city during the boom years of World War II. Yet it was wedged onto a narrow street next to homes and across from 28th Street School, which soon became one of the largest elementary campuses in the nation.
CALIFORNIA | LOCAL
February 21, 2008 | David Zahniser
A plan to reward real estate developers who put affordable housing in their market-rate residential projects was approved Wednesday by the City Council. On an 11-4 vote, the council approved a package of incentives that roll back zoning rules governing height, density, open space or the number of parking spaces for residential projects that have at least 5% of their housing units designated as affordable. -- -- David Zahniser
CALIFORNIA | LOCAL
September 13, 1995
The Los Angeles City Council on Tuesday killed a plan to convert an affordable-housing complex in Venice into a project consisting mostly of upscale condominiums. The council voted unanimously to oppose the redevelopment request of TransAction Cos. Ltd., the owner of Lincoln Place, one of the largest affordable-housing complexes on the Westside. The decision came as good news to tenants who fought the proposal. "We're flying a little bit high right now," said Ingrid Mueller.
CALIFORNIA | LOCAL
March 30, 2010 | By Shane Goldmacher
The din of construction is missing from the eastern edge of the Hollywood Walk of Fame, where workers had hoped to break ground on a 70-unit affordable-housing complex months ago. No nail guns are firing. No hard hat-wearing workers are milling about. And it's not the only would-be construction site that's silent. Plans to build more than 16,000 housing units in California, many of them for low-income residents, have been frozen in bureaucratic limbo since July. Voters approved funding four years ago. Last summer, state officials chose the 121 projects they want to build.
CALIFORNIA | LOCAL
May 24, 1989 | MARCIDA DODSON, Times Staff Writer
Increasing the amount of affordable housing in Irvine is possible only if city officials are willing to give developers concessions that reduce the costs of construction, a consultant told City Council members Tuesday afternoon. Only with incentives--such as increasing the density of apartments, waiving fees for parks and requiring fewer parking spaces--can developers afford to build the lower-priced housing that Irvine officials say they want, consultant Claude Gruen said. "All we're saying is that mandating affordable housing is not free," said Gruen, who is president of a San Francisco economic and sociological research firm.
CALIFORNIA | LOCAL
July 14, 2006 | Nancy Cleeland, Times Staff Writer
The recent craze for converting apartment buildings to condominiums, which is drawing political heat in Los Angeles and elsewhere, may be slowed by market forces before City Hall has a chance to act. One possible indication of a coming slump was the number of people willing to pay $1,800 for investment advice on the topic.