ULI Greenprint members honored in Los Angeles Better Buildings Challenge Innovation Awards
Hudson Pacific Properties, Barings, and CommonWealth Partners were honored for their exceptional ingenuity in energy and water efficiency.
On July 6, 20022, Central City Association of Los Angeles (CCA) released a white paper with recommendations to encourage larger-scale affordable housing to better serve economically vulnerable residents and meet the magnitude of the city’s compounding affordable housing and homelessness crises.
CCA’s white paper offers industry-backed recommendations for developing larger-scale affordable housing projects to better utilize public funding and unlock more 100 percent privately funded, deed-restricted affordable housing.
Recommendations include: strategically streamlining local zoning laws, allowing mass timber construction in dense areas of the city, creating an LA County affordable housing agency and revising public funding rules to incentivize higher-volume housing developments, among other strategies.
ULI-LA is excited about this step forward in addressing the homelessness crisis in Los Angeles and eager to help put these recommendations into action.