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Housing Programs
Facts at a Glance

The Agency’s funding is derived primarily from four sources:

 (1) property tax increment generated from the redevelopment project areas, at least 20% of which is set aside for low- and moderate-income housing and varying percentages restricted to debt service,

(2) tax allocation bond proceeds, at least 20% of which are typically restricted for housing,

(3) grants, and

(4) other general revenues, including the proceeds of certain land sales, developer payments, rental income, loan repayments and investment income.
 undefined Housing Overview

The Community Redevelopment Agency has been responsible for the construction of over 20,000 new housing units for low and moderate income families, the elderly, and those with special needs.  An additional 7,500 units have been rehabilitated under Agency auspices.

Agency assisted housing is privately owned, and designed to enhance the communities in which it is located. If you live in a Redevelopment Project Area, and are interested in learning more about how to qualify for Agency financial assistance, contact the Project Manager for that area.  A list of Project Areas, with links to maps and information on how to contact the appropriate Project Manager is available at the CRA/LA Project Areas webpage. 

In the mid-1980’s, the City, in response to a growing recognition of the shortage of affordable housing in Los Angeles, directed the Agency to increase its efforts in housing production and the Board of Commissioners redirected resources for such purposes. The Board set a target that as much as 50% of the Agency’s funds be used for housing production, in contrast to the minimum 20% then required by law. In practice, the Agency for a number of years devoted 40% to 50% of its budget to the production of affordable housing. In this time frame, the Agency established its “City-Wide Housing” program, largely funded by the tax increment generated by the Bunker Hill Urban Renewal Project, under which affordable housing was developed, using those resources, in all needy areas of the City. At the same time, the Agency, utilizing a provision of the Law to foster housing production, voluntarily committed itself to replace all of the units originally removed from Bunker Hill on a two-to-one, and later three-to-one,7 basis. Over time, Agency actions have resulted in the production of over 28,000 units of affordable housing.