Metro’s North Hollywood housing project is mostly for high-income tenants, opponents say

LA Metro, the county transit agency, is diving head first into the largest transit-centered housing project in its history, on 15.9 acres of its own land. "We will report back on the issue of increasing the number of affordable housing units,"...

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WC6Q
WC6Q
200 · 9 days ago · Reddit

Let's be honest. All housing in L.A. is high income.

supermoon2022
supermoon2022
122 · 9 days ago · Reddit

Would it be good to have a higher % of units subsidized? Sure. Is 20% still a lot of "affordable" units? Yes. Do NIMBYs often argue that the % is too low when their main goal is that no units at all get build? Yes.

GreenHorror4252
GreenHorror4252
120 · 9 days ago · Reddit

Any increase in housing supply will help lower prices. Even if only high-income tenants live here, that means those people are not living elsewhere, which will free up other housing for lower-income people.

DepthValley
DepthValley
88 · 9 days ago · Reddit

The initial promise was 750 total units with 3% being "affordable".

They changed it so that there are now 1500 total units with 20% being "affordable"

Overall this is an increase in the total number of "affordable" units. The other "non affordable" units will presumably have no trouble being rented too - which means 1000 less people competing for apartments in places that are seeing rents go up.

I really have trouble believing anyone with good intentions being against this.

persianthunder
persianthunder
73 · 9 days ago · Reddit

Jesus this is such a bad faith argument. I would much rather have a lower percentage affordable units of a larger project, than an arbitrarily higher percentage affordable but much smaller project. Yeah it's a lower percentage than originally planned, but it's still a NET of 49 additional affordable units that wouldn't have been built otherwise.

This is also higher than the proportion of affordable units we get under the TOC program, plus a higher proportion than you usually get under state density bonuses. And also, the site is currently undeveloped! It's not like they're tearing down affordable/​RSO units and replacing them with new market rate units, it's literally creating housing where there aren't any units now, and placing them near high-quality transit where we want them.

And if Metro wanted to build houses to help its riders, it would make the project 50% or more affordable housing, Faison said.

This is how I know these folks aren't serious. We're operating in a world where Article 34 is still on the books, which makes it INCREDIBLY difficult (borderline impossible in some areas) to build projects with a majority of units as affordable housing. And that's before we get into the financing side, this project would be insanely delayed if it had to go the fully affordable route with funding from HCD or TCAC, but by doing it through inclusionary methods like this puts the costs on the developers

__heytchap
__heytchap
46 · 9 days ago · Reddit

Everything is zero sum! We can’t let anyone have anything if it’s not exclusively for cause A or cause B.

djm19
djm19
31 · 9 days ago · Reddit

I mean, thats true, but those market rate units are subsidizing hundreds of affordable rate units on the same site.

russian_hacker_1917
russian_hacker_1917
19 · 9 days ago · Reddit

this is left-wing NIMBYism: opposing housing projects because they are not equitable to all ppl.

The thing is, building housing for ppl with higher income frees up other units that they were renting. We have a severe lack of housing supply in LA. We need lots of housing, and it's way easier to have affordable housing when there's a surplus of it.

_labyrinths
_labyrinths
16 · 9 days ago · Reddit

It’s amazing how these groups constantly get hung up on the % of affordable units and not the actual quantity of affordable units. The number of affordable units actually increased and they’re still not happy!

teriyakimilkshake
teriyakimilkshake
12 · 9 days ago · Reddit

I mean having city subsidized housing like that goes to fund other city subsidized projects. So many places around the main thoroughfares in NoHo should have R3 density. The old 40s and 50s apartments needed to have been replaced a while back first.

onlyfreckles
onlyfreckles
10 · 9 days ago · Reddit

Best would be a mix of incomes living in the housing project- higher to subsidize the lower. And to have access to grocery store, stores, services so that one can actually walk/​bike to errands/​food instead of default driving.

finngodo
finngodo
8 · 9 days ago · Reddit

Build it! It’s at market rate, which yes means it’s for high income as that’s where we’re at in LA. My new 1br apartment is 2800/​mo at market rate. The more market rate apartment that are built, the more the prices will stabilize on older buildings for those with tighter incomes. But a developer isn’t interested in spending tens of millions to develop a building that can’t attract market rate rent.

tracyinge
tracyinge
5 · 9 days ago · Reddit

Why would high-income individuals want to live by the Noho metro station? I'm asking.