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Could Declaring a Right to Housing be the Way to Solve Homelessness?

Pro Builder

In the city of Los Angeles, the housing gap is illustrated by multi-million-dollar homes steps away from homeless encampments—but the Los Angeles Times argues wealth should not be a determining factor for fair housing. Half of those with housing pay more than half of their income on rent and utilities. cbroderick.

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L.A. City Council approves plan for new $1 billion Watts development

BD+C

Los Angeles city officials have voted to revitalize a notorious Watts housing project with shops, town homes, and green spaces. The laws clear the way for a $1 billion transformation of one of Los Angeles’ most poverty-stricken and violence-ridden areas. Funding still needs to be secured, however.

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Tapping LA’s Rooftop Solar Potential Could Benefit City’s Most Disadvantaged Communities

Business Facilities

The report finds that expanding the program to 600 megawatts will help Los Angeles achieve a state mandate to generate a third of its energy from renewable resources by 2020. Areas identified as “hot spots” include the San Fernando Valley, Downtown Los Angeles and the region surrounding the Port ofLos Angeles.

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Innovation Is Thriving In Arizona

Business Facilities

While the national average of per-capita income going to taxes is 9.9 In addition, Arizona’s taxes on property, gas and personal income remain low compared to the rest of the country. Mesa has one of the nation’s most unique cybersecurity assets—Arizona Laboratory for Security and Defense Research (AZLabs).

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U.S. CRE Turning Around In 2014, According To New PwC/ULI Report

Buisness Facilities Contributed Content

As a result, the report anticipates that 2014 may be the year that many investors who have traditionally focused mainly on large established markets such as Boston, Chicago, Los Angeles, New York City, San Francisco and Washington, will be expanding their focus to other cities in order to protect capital.

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New Affordable Housing Units Cost $1 Million per Apartment to Build in California

Pro Builder

The seven projects costing $1 million or more are located in the San Francisco Bay Area, and will be the costliest built in California when completed, the Los Angeles Times reports. Developers and supporters of each project emphasize they’re sorely needed to provide safe and secure homes for lower-income and homeless residents.

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Is Urban Flight to the Burbs Golden?

Pro Builder

Among the places that have seen a net increase in migration is the Inland Empire, where rents in bedroom communities can be $1,000 cheaper than a Los Angeles apartment. He added that expensive downtown apartment markets, such as the Bay Area, Seattle, and Boston, are seeing a massive flight to affordable markets.