CRA/LA has a long track record of building affordable housing in the City of Los Angeles. Today, we monitor nearly 22,500 of units in over 575 projects throughout the City.
The Law specifically mandates that redevelopment agencies act to retain and expand the affordable housing stock. The Law requires that a minimum of 20% of the revenues accruing to a redevelopment agency be set aside for the purpose of maintaining and expanding the supply of housing for low- and moderate-income households. In addition, there are specific requirements for replacing, on at least a one-for-one basis, any residential units which are housing low- or moderate-income households when those units are removed to foster other redevelopment goals and objectives.
Homeownership Programs
CRA/LA assisted homeownership programs are established on a project area by project area basis depending upon available funding and specific needs within each respective community.
Citywide Housing Info