L.A. explores proposal for anti-displacement zones with rent caps
The city of Los Angeles is considering an “anti-displacement” proposal that would cap rent increases near new luxury and market-rate apartment developments when those projects lack affordable housing.
The proposal, introduced last month by City Councilman Herb J. Wesson Jr., would cap rents through “anti-displacement zones.”
These areas would exist for three years and cover a two-mile radius around luxury and market-rate developments with zero affordable units.
This page contains members-only content!
Sign In To Viewor learn more about joining CAA
Tagged: News Los Angeles
Sign In To View & Leave Commentsor learn more about joining CAA