LA Expedites 7,000 Affordable Housing Units, Cutting Red Tape and Saving Developers Money

More than 7,000 affordable housing units have been expedited across LA, city says.

The city of Los Angeles is making progress in addressing the homeless crisis by cutting red tape and speeding up the building and permitting process for affordable housing.

The implementation of “Executive Directive 1” has organized various departments involved in the review process, resulting in more efficient coordination.

As a result, 7,000 units have been expedited, including The Wilcox in East Hollywood, which provides 62 units of permanent supportive housing for senior citizens.

The expedited process has saved developers money and allowed Wakeland Housing and Development Corp. to open The Wilcox two months early, saving $1 million in interest payments and insurance.

More than 7,000 affordable housing units have been expedited across LA, city says

The city of Los Angeles is taking steps to address the homeless crisis by streamlining the building and permitting process for affordable housing. Through “Executive Directive 1,” various departments involved in the review process have been organized for more efficient coordination. As a result, 7,000 units have been expedited, including The Wilcox in East Hollywood, which provides housing for senior citizens. This expedited process has not only saved developers money but also allowed for the early opening of The Wilcox, benefiting both the developers and those in need of housing.

Efficient coordination leads to expedited affordable housing units

Thanks to the implementation of “Executive Directive 1,” the city of Los Angeles has successfully expedited the construction of affordable housing units. This directive has organized separate departments involved in the review and permitting process, resulting in more efficient coordination. As a result, 7,000 units, including The Wilcox in East Hollywood, have been completed at a faster pace. This streamlined process has not only saved developers money but has also allowed for the early opening of The Wilcox, providing much-needed housing for senior citizens.

Positive impact on developers and those in need

The expedited process for affordable housing construction in Los Angeles has had a significant impact on both developers and individuals in need of housing. By cutting red tape and streamlining the building and permitting process, developers have saved money and time. Wakeland Housing and Development Corp., the developer of The Wilcox, was able to open the housing complex two months early, saving $1 million in interest payments and insurance costs. This efficient coordination has not only benefited developers but has also provided housing for senior citizens, addressing the growing issue of homelessness in Los Angeles.

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