Supporters of public housing say Angelenos need more permanent affordable housing. Three councilmembers have an idea.
have reached crisis levels, supporters of social housing say this model, employed in other countries, would produce permanent, affordable housing and potentially provide a pathway for more Angelenos to become homeowners.
Soto-Martínez, along with Councilmembers Eunisses Hernandez and Nithya Raman, introduced the resolution which has to return to the full council for a vote.adopted throughout Europe and other parts of the world. Currently, an owner of affordable housing may have an agreement with the city requiring them to rent units at below-market rate for only a certain number of years. Once the agreement expires, the units can be rented out at market rate, leaving tenants who can’t afford the rent hikes scrambling for housing. Sometimes, they become homeless.
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