LA could hit 10k-unit housing goal by next year, says planning director

Vince Bertoni says the city has already approved 106,000 units

TRD LOS ANGELES /
Sep.September 23, 2018 10:00 AM
Los Angeles City Planning Director Vince Bertoni and the Harland, a 37-unit luxury condo development in West Hollywood. (Credit: Hunter Kerhart)

Los Angeles is ahead of schedule on Mayor Eric Garcetti’s goal of building 100,000 units of housing by 2021, the city’s planning director said.

Vince Bertoni, the planning director, told councilmembers on Tuesday that the Department of City Planning has already approved projects totaling 106,000 units, according to Curbed. Garcetti set the goal in 2014, his second year in office.

Some of those projects could still change or fall through, but the Department of Buildings and Safety has already issued permits for 83,000 units. That’s the final step in the planning process that allows developers to break ground.

Bertoni, who Garcetti appointed in 2016, said the city could hit the goal by next year.

Garcetti’s housing goal was meant to promote development that would address the city’s housing shortage, which has pushed pricing up to all-time highs, although the goal doesn’t differentiate between units considered affordable and market-rate units. Many economists argue that more residential development, regardless of pricing, will help lower rents and sales pricing by increasing overall supply.

The city has tried to incentivize development with other programs too, including the popular Transit-Oriented Communities program that provides density bonuses to developers for building affordable units.

It’s also stepped up its efforts to address homelessness in city limits by developing emergency shelters on city-owned properties. Meanwhile, Los Angeles County passed a six-month rent freeze earlier this month.

Californians will decide in November on what could be the most significant measure to impact the housing market in decades — Proposition 10. The measure would allow local governments to enact rent control for the first time since the mid-1990s. Opponents say it will curb development, while proponents say its necessary to preserve affordable housing across the state. [Curbed] – Dennis Lynch


Related Articles

arrow_forward_ios
Assemblyman David Chiu and Gov. Gavin Newsom (Credit: Wikipedia and iStock)

California passes landmark rent control law

LA City Controller Ron Galperin and a groundbreaking ceremony for the first development funded by Prop HHH in December 2017 (credit: Office of Mayor Eric Garcetti)

Market-rate condos for the homeless? It costs just as much under LA bond program

Californians are considering a move out of state because of the cost of housing (Credit: iStock)

Movin’ on out: High cost of housing has Californians considering exit plan

AB 1482 is set to cap rents on units across the LA area (Credit: Wikipedia and iStock)

Here’s what California’s rent control bill means for LA County

A map of the effected areas (Credit: Google Maps and iStock)

Here are the LA cities that have passed strict rent regulations since Prop 10’s statewide defeat

Deliveries are on pace to greatly exceed totals for the last two years

Developers to deliver nearly 10K housing units, but a slowdown looms

Culver City Mayor Meghan Sahli-Wells and Culver City (credit: Antonio Wu via Flickr)

Culver City joins LA-area cities adopting rent control measures

AIDS Healthcare Foundation’s Michael Weinstein and the California State Capitol building

It’s baaack: Statewide rent control measure gathers momentum

arrow_forward_ios