
"But here's the painful truth that we must face together as a community: The state of California, through Sacramento's relentless push of laws like the Housing Accountability Act, AB 1893 and now AB 130, which was the final nail in the coffin, has systematically stripped away all our local control, and they have tied our hands in a way that feels profoundly unfair, leaving us in checkmate."
"Of the units slated for construction, 10 percent of them, or 18 total, are set aside for very-low-income residents. In Orange County, very-low-income generally falls under annual incomes of $59,250 or less for one person. For two people, the maximum annual income must not exceed $67,700. In addition to the apartments, the 61-foot-tall project would include activity areas, a theater, gym, pool, salon and community courtyards."
Laguna Hills City Council approved a 61-foot, 180-unit senior apartment project at La Paz Village under builder's remedy, voting 3-1 in favor. Cape Point Development purchased La Paz Village in 2022 for $23.5 million and will replace some retail with studio, one- and two-bedroom units for residents aged 55 and up. Eighteen units (10 percent) are reserved for very-low-income households, with local limits cited as $59,250 for one person and $67,700 for two. Planned amenities include activity areas, a theater, gym, pool, salon and community courtyards. Council members cited state housing laws as constraining local control and influencing approval.
Read at therealdeal.com
Unable to calculate read time
Collection
[
|
...
]