LA rezoning could displace tenants from rent-controlled units

A Los Angeles plan to rezone multifamily housing could put tenants in rent-controlled apartments on the curb. A Citywide Housing Incentive Program ordinance to be heard by the City Council’s Planning and Land Use Management Committee on Tuesday would supercharge building incentives for developers while displacing tenants in older units, the Los Angeles Times reported. […]The post LA rezoning could displace tenants from rent-controlled units appeared first on The Real Deal.