Venice’s latest affordable housing project has gotten a funding boost from Los Angeles County, much to the chagrin of the city of Los Angeles that has spent more than $1 million in legal fees fighting its development. The Los Angeles County Board of Supervisors approved nearly $44 million in loans for affordable housing developments across the county, including $3 million for Hollywood Community Housing and Venice Community Housing’s Venice Dell project, Palisades News reported. The $3 million injection is in addition to the more than $42.5 million that the California Department of Housing and Community Development committed to the development. […]
This article originally appeared on The Real Deal. Click here to read the full story.
Powered by WPeMatico