L.A. eyes eminent domain to keep rents down

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A Los Angeles city councilman wants to use eminent domain to prevent rents in a Chinatown building from returning to market rates after a 30-year wait.  

A motion by Councilman Gil Cedillo asks staff to return in 30 days with recommendations for acquiring Hillside Villa, where rents on 59 affordable units are scheduled to adjust to market rates in September.

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Tagged: Los Angeles