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Transit Corridors Ideal for Affordable Housing

LOS ANGELES-A UCLA study shows transit corridors may be the best location for workforce housing developments that will shrink the housing affordability gap.

By Kelsi Maree Borland | Updated on October 21, 2013

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.

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