L.A. Mayor Karen Bass signed an ordinance to accelerate the building of affordable housing in the city.
Mayor Karen Bass on Thursday signed into law an ordinance updating the city's zoning code to exempt all affordable units from the time-consuming Site Plan Review process that often delays final approval of much-needed housing projects.
"I'm grateful to each of you and your colleagues for your tireless work to get us to this point," Bass said. Within the six months that Bass signed her executive directive, the city approved 22 housing projects -- representing approximately 1,600 units of affordable housing, according to the mayor's office.
He noted that 60% of renters in the city are cost-burdened, paying more than 30% of their income on rent. About one-third of Angelenos are "severely cost-burdened," Krekorian added. A recent study by the Los Angeles Business Council quantified the thousands of units of potential housing lost to plan-review delays. In addition, the report found that expanding mixed-income projects leads to a greater increase in affordable housing than 100% affordable developments.
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