Affordable rental housing has been a hurting proposition, becoming a full-blown affordable housing crisis.
A January 2023 proposed project by Thrive Living, a developer affiliated with New York-based Magnum Real Estate Group, involving 800 housing units atop a Costco Wholesale in Los Angeles begins this year, a portion of which would be for low-income households. It might be an approach that provides one tool for increasing the amount of affordable housing.
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