2024
- Story: LA Residential Permitting Nosedives in First Quarter of 2025
- DATA: Los Angeles Housing Department: HHH Subsidized Housing Dashboard
- STORY: LA needs to build 60k market rate units per year and 40k affordable units per year to address the existing crisis (100k annually) – we are currently producing 20k market rate and 3k affordable per year
- STORY: 25,000 affordable housing units approved under Mayor Karen Bass (2 years in)
- STORY: homelessness down 2% in LA City 2023-2024, down .27% LA County
- First downward trend in 5 yrs
- STORY: 27,300 permanent housing placements in 2023
- Highest in over 5 yrs
- STORY: Bass housed 21,694 ppl into temp housing in 2023
- Beating her campaign promise of 17k in the first year
- DATA: 3400 Affordable Units built in LA County in 2023, 15k multi-family units constructed
- STORY: 16472 units approved in 2022 (no data out for 2023 and 2024)
- 28% affordable
- STORY: Karen Bass’s EXEC DIRECTIVE #1 allows for over 13k unsubsidized affordable housing units (more than previous x3 years combined)
- STORY: LA needs to approve 250k new housing units by the end of the decade (50k annually)
- 70-75% of the city are single family neighborhoods that are protected
- 2/3 of the city’s population are renters
- STORY: According to local NGO Abundant Housing LA – LA has a 700k affordable housing shortage – needs $100B annually (from federal, state, and local) to fully address the problem
- Other estimates say LA is 550k short