(The Center Square) – The Los Angeles City Planning Department released new draft ordinances aimed at zoning over a quarter of a million new housing units as the city faces a major housing shortage. While known for its large homes and laid-back lifestyle, Los Angeles is the most cramped city in the United States, holding more residents per room than even San Francisco and New York.
With housing approvals taking longer than construction, the department’s plan to allow for by-right construction of projects with at least 20% of units affordable to earners of the area median income (a requirement known as inclusionary zoning) is expected to significantly reduce overall development times.
Under the California Environmental Quality Act, review of environmental impact reports can be appealed by nearly anyone essentially indefinitely, leading many developers to give up on projects bogged down in approvals. One of developers’ largest costs is interest on loans […]
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