LOS ANGELES-UCLA study the 2013 Livable Communities Report: A Call to Action has identified transit corridors as the ideal location to develop new workforce housing that could help shrink Los Angeles' housing affordability issues. In a “call to action,” the report uses six demographic and market issue categories, which are population, housing density, income, employment, transit ridership and land values, to rank the development potential of 104 station areas. The results showed these areas offer the best affordable housing development opportunities.

Ascending housing prices this year have contributed to an increased affordability gap for middle-class workers. The report states that 60% of renters and 50% of homeowners have housing costs 30% higher than their income. This group also represents those whose income is too high to qualify for government assistance.

"Identifying the hottest areas of the region for workforce housing is important, but it's only part of the equation," says Paul Habibi, UCLA Anderson School of Management professor and the study's principal author. "Meaningful public-sector incentives are still required to attract investment and make these new livable communities financially feasible, especially given the demise of redevelopment agencies that traditionally led these efforts. Policymakers have the tools to make these projects attractive to potential investors and builders, and it's time to use them."

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.