LA proposes putting ‘anti-displacement’ zones around luxury development

It’s aimed at helping renters in a one-mile radius around new buildings

By Bianca Barragan
November 13, 2019
Curbed LA

The proposal stems from a motion introduced by Councilmember Herb Wesson, Jr.
In his motion, Wesson says that while luxury and market-rate projects are “designed to strengthen” a neighborhood’s economy, many times they have negative consequences for long-time residents, especially when they’re located in neighborhoods that sustained decades of disinvestment resulting from racist housing covenants and redlining.
“Development projects should help to build up an area in need of economic investment so that members of a community can make use of these local amenities and improve their everyday lives,” Wesson says.

https://la.curbed.com/2019/11/13/20963844/anti-displacement-zones-los-angeles-development

Click here to read the full article.

Share this
Posted in Issues, News and tagged , , , , , , , , , .