L.A. explores proposal for anti-displacement zones with rent caps

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The city of Los Angeles is considering an “anti-displacement” proposal that would cap rent increases near new luxury and market-rate apartment developments when those projects lack affordable housing. 

The proposal, introduced last month by City Councilman Herb J. Wesson Jr., would cap rents through “anti-displacement zones.”  

These areas would exist for three years and cover a two-mile radius around luxury and market-rate developments with zero affordable units.  

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Tagged: Los Angeles