Low cost housing in jeopardy

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Los Angeles could lose thousands of affordable apartments in the next five years, as contracts that required building owners to rent to low-income tenants expire on more than 14,000 units.
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Los Angeles could lose thousands of affordable apartments in the next five years, as contracts that required building owners to rent to low-income tenants expire on more than 14,000 units. Kerry Cavanaugh in the Daily News.

City housing officials can't predict how many units ultimately will be converted to higher rents or how many poor renters could be displaced - a lot depends on the housing market, the availability of public dollars for preservation and property owners' individual choices.

But Housing Department General Manager Mercedes Marquez said the city must act now to ensure there's not a tidal wave of lost affordable housing in L.A.

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Los Angeles Daily News City Hall reporter Rick Orlov writes about politics on the local, state and national stage.

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This page contains a single entry by Rick Orlov published on August 18, 2008 6:48 AM.

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