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Housing Our City. Presentation to Congress of Neighborhood Councils September 16, 2006. A Housing Crisis in our City?. There are roughly 48,000 homeless men, women and children in the City of Los Angeles on any given night.

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housing our city

Housing Our City

Presentation to

Congress of Neighborhood Councils

September 16, 2006

a housing crisis in our city
A Housing Crisis in our City?
  • There are roughly 48,000 homeless men, women and children in the City of Los Angeles on any given night.
  • Less than 2% of the homes sold in Los Angeles during the past three months were affordable to median income earners.
  • 65% of Los Angeles renters cannot afford rent on a 2-bedroom apartment at Fair Market Rent. (An income of $47,560 is needed to afford $1,189/month.)
  • Many working families live in overcrowded and unsafe buildings which strain infrastructure and contribute to neighborhood blight.
  • Angelenos who want to own homes are forced to live long distances from their jobs in order to afford homeownership. Longer commutes increase traffic and pollution.
housing production not keeping pace with population growth
Housing Production Not Keeping Pace with Population Growth

+209,422

3.7 Million

35,600

Total Housing Permits Approved1990-2000

Los Angeles Population Increase 1990-2000

slide5

Not Just A Housing Shortage

Overcrowding

Long Commutes

Rising Home Prices

Higher Rents

who can afford housing in our city
Who Can Afford Housing in Our City?

Los Angeles Housing Wage:

Renters in City of LA

$27.42/hour

$57,040/year

Homebuyers in City of LA

$70.68/hour

$147,018/year

Source: “Out of Reach 2006”, SCANPH Report

rents out of reach
Rents Out of Reach

Waiters $17,216/year

Office Clerk $26,311/year

Social Workers $39,346/year

Electricians $49,829/year

Clergy $52,237/year

homeownership out of reach
Homeownership Out of Reach

High School Teacher $60,537/year

Firefighters $66,307/year

Patrol Officers $67,693/year

Registered Nurses $67,775/year

Pharmacists $95,280/year

living paycheck to paycheck
Living Paycheck to Paycheck

Pay Check to Pay Check: Los Angeles Rental Market

2005 Fair Market Rent: 1BR $900, 2BR $1124

Copyright 2000-2006 Center for Housing Policy

what is affordable housing
What is Affordable Housing?
  • What makes housing “affordable” is a healthy ratio of housing cost to household income, generally accepted as 30%.
  • But 65% of L.A. renters spend more than 50% of their income on rent.
slide11

What is Affordable Housing?

The Fair Market Rent for a two-bedroom apartment in Los Angeles is $1189.

At current rents, a family earning minimum wage would have to work a 135-hour week to foot the bill for a mean-priced two-bedroom rental.

what is affordable housing12
What is Affordable Housing?

Affordable Housing not only improves people’s lives, it also improves neighborhoods.

st andrew bungalow court
St. Andrew Bungalow Court

1514-44 N. St Andrews in Council District 13.

BEFORE

st andrew bungalow court14
St. Andrew Bungalow Court

1514-44 N. St Andrews in Council District 13.

AFTER

views at 270
Views at 270
  • Views at 270 is a 56 unit Large Familymixed use development project located at Sunset Blvd. and Western Avenue in Council District 13.
palomar apartments
Palomar Apartments
  • Palomar is a 27 unit Senior & Family affordable housing rehabilitation project, located at 5473 Santa Monica Blvd. in Council District 13.
skyline village apartments
Skyline Village Apartments
  • Skyline Village Apts. is a 73 unit new construction affordable housing project, located at 420 Lucas Avenue, in Council District 1.
slide19

The Asbury Apartments

  • The Asbury Apts. is a 97 unit Senior & Family affordable housing rehabilitation project, located at 2500-2504 W. 6thSt. in Council District 01.
slide21

Allesandro Apartments

  • The Allesandro is a new construction project of 18 Special Needs units located at 1934 Alessandro St. in Council District 13.
next steps
Next Steps

How can Neighborhood Councils be involved in helping solve the housing crisis in Our City?

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