Major reforms are needed to increase housing production in the city of Los Angeles to meet the state’s goal of producing more than 450,000 units in L.A. by 2029, according to a new report released Thursday, May 11, by the Los Angeles Business Council.
“Unless housing production is accelerated significantly, the RHNA goals will certainly not be met,” the study said. Krekorian noted the City Council is moving in that direction, citing a recent action by the Planning Commission to approve his motion to amend the Site Plan Review for affordable housing projects, and for mixed-use and mixed-income projects with a substantial affordable housing component.
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