A cumbersome entitlement process is inhibiting the ability of Los Angeles to achieve its housing goal, according to a new study from the Los Angeles Business Council (LABC), which has recommended a series of reforms it says are essential to meet the city's goals.
According the city's housing plan, Los Angeles must produce five times more housing units by 2029 than it did in the previous decade, adding 457K new units compared to 84K from 2010 to 2019.
The means the city needs to deliver about 57,000 units per year on average, but with recently approved adjustments to the plan, Los Angeles actually will need more than 60K units each year.
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