Uncategorized

Affordable housing in LA keeps rent low—but it comes with an expiration date

Affordable housing in LA keeps rent low-but it comes with an expiration date

For the last three decades, Hillside Villa, a pale green, stucco-coated building on Hill Place has been, for several hundred residents of Chinatown, a consistently affordable place to live. Constructed in 1988, the complex was built with funds from LA’s once-powerful community redevelopment agency. Its 124 apartments were set aside for lower-earning residents.