Tag Archives: affordable housing

OPINION: What the Judges and the LA Times Got Wrong About The Venice Median Project (and Why it Ain’t Over Till it’s Over)

VENICE – We seriously doubt whether the Op-Ed writers who penned last week’s editorial for the ideologically-driven LA Times praising Judge Richard Fruin’s dispiriting dismissal of our CEQA case have ever opted to spend a lazy Sunday afternoon in summer exploring what a recent poll in Travel and Leisure described as ‘America’s Favorite Beach.’

How else can you explain the Op-Ed writers’ description of our area’s last parcel of open space– a large, 2.65-acre, parking lot designed to accommodate carloads of working-class families from Inglewood, DTLA, and other land-locked enclaves who flock to Venice Beach to make memories and find relief from the swelter– as “one of those rare open swaths of land that city officials dream of using for homeless and affordable-housing”.

Really? That’s what these people dream about? No vicarious images of little kids at the shore with a shovel and pail? Or proud grandparents pushing strollers down Ocean Front Walk? Or couples unloading their canoe for a romantic paddle down the Linnie Canal?

It makes us wonder if any of these city officials ever wake up in the middle of the night from a recurring nightmare; tracking what could happen when you build a massive (and massively expensive) 140-unit “affordable” housing project, on an environmentally-fraught juncture on The Venice Median, one half-block from the beach, predicted by the EPA to be particularly vulnerable to sea-level rise?

And while dreaming, do the city officials who enabled this project ever get swamped by visions of coastal flooding impacting their newly constructed Venice-Dell Community? (Ironically, designed as a fortress to be cut off from its surrounding communities which would provide “shelter from the storm”). …

And since The Times insists affordable housing is “desperately needed” in our part of town, how about assigning one of the few real reporters left on its staff to delve into how 1200 units of taxpayer-funded projects can sit empty in a city that is ostensibly “all-hands-on-deck”, as first reported in a stunning bit of investigative journalism provided by Chris LeGras and Jamie Page for the Westside Current…

As with its previous editorials, what passes these days as the Times’s Braintrust opted to give Venice Community Housing’s Executive Director, Becky Dennison, free-reign expressing her frustration with City-Attorney Hydee Soto Feldstein’s decision to halt all work on the project by the city’s Department of Transportation and its Bureau of Engineering until the two law suits we filed on behalf of The Coalition for Safe Coastal Development had been resolved, or settled in mediation…

Mayor Bass does not deserve to be attacked, but praised for her tireless commitment to work with numerous City Council Members, to reduce encampments on our streets, parks, and public spaces while transitioning the willing into shelters and other arrangements.

We here at Safe Coastal also have great admiration for Mayor Bass’s role as a prime supporter of a new and improved replacement to the state’s soon-to-expire and problematic CEQA exemption. AB785, which the Governor signed into law in 2023, includes many of the exemptions housing advocates want, while excluding construction within a mapped FEMA 100-year flood zone. (**)…(more)

 

 

 

Real estate investors snatching up record share of affordable homes, report finds

U.S. Mortgage rates jump above 7%

Homeownership has slipped out of reach for millions of Americans amid an astronomical rise in mortgage rates and an ongoing inventory shortage.

Adding to the list of challenges for potential homebuyers in the United States: Investors and hedge funds are also snatching up properties.

In fact, new findings from Redfin suggest it has been happening at the fastest pace in nearly two years.

Real-estate investors bought about 44,000 homes in the first quarter of 2024, up half a percent from the previous year – the first increase since 2022. The gain was primarily driven by an uptick in purchases of single-family homes…

Investors buying record share of most affordable homes, too…(more)

Most cities still falling behind affordable housing mandate, state numbers show

By Jeff Collins  and : ocregister – excerpt

Just 29 out of 538 California municipalities met their housing goals at all income levels, according to state housing figures

When it comes to fostering new housing, the city of Norwalk is one of California’s superstars.

The Los Angeles County town got an A-plus in the Southern California News Group’s latest housing scorecard for exceeding state-mandated housing goals at all income levels.

Just three miles up the 105 freeway, however, neighboring Lynwood ranked among 84 California cities and counties at the opposite end of the spectrum. Lynwood earned an F because state data shows it missed all four of its housing targets, permitting zero new affordable homes during the eight years ending in 2021.

Most California cities and counties, SCNG’s analysis shows, are more like Lynwood than Norwalk, falling way behind on state housing goals…(more)