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L.A. Council looking to secure rent-controlled units via Interim Control Ordinance

04/30/2024 5:24 PM | Margaret Fulton (Administrator)

Responding to concerns about how some rent- controlled units could be lost as a result of streamlining initiatives for affordable housing, the Los Angeles City Council took steps Tuesday to impose temporary regulations until appropriate land use controls are made.

Councilwoman Eunisses Hernandez's motion applies only to a particular area within her First District, and aims to establish a discretionary review process allowing the "demolition, building, use of land, grading and any other applicable permits" of properties containing five or more rent-controlled units or units that have been vacated as a result of the Ellis Act within five years.

Read More: https://www.msn.com/en-us/money/realestate/l-a-council-looking-to-secure-rent-controlled-units-via-interim-control-ordinance/ar-AA1nWUed?ocid=hpmsn&cvid=440251b9fc5e4d2182787f49613b3bb2&ei=34

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