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  2. The first-ever Costco with apartments is officially in the works

    www.aol.com/news/first-ever-costco-apartments...

    Located at 5035 Coliseum — a site previously home to View Park Community Hospital — the development is the first housing community in Los Angeles to move forward under the state’s AB 2011 ...

  3. Costco Officially Broke Ground on Their 800-Unit Apartment ...

    www.aol.com/costco-plans-build-800-prefab...

    Costco partners with Thrive Living to build an 800-unit apartment over a new store in L.A., using pre-fab modules to address the city's housing crisis.

  4. Cecil Hotel (Los Angeles) - Wikipedia

    en.wikipedia.org/wiki/Cecil_Hotel_(Los_Angeles)

    Cecil Hotel (Los Angeles) The Cecil Hotel is an affordable housing complex in Downtown Los Angeles. It opened on December 20, 1924, as a luxury hotel, [6] but declined during the Great Depression and subsequent decades. In 2011, the hotel was renamed the Stay On Main. The 14-floor hotel has 700 guest rooms and a checkered history, with many ...

  5. Nonprofit helped conceive California's homeless housing ... - AOL

    www.aol.com/news/nonprofit-helped-conceive...

    Before Homekey, Shangri-La and Step Up partnered on other projects including four in Los Angeles using funds from the city’s $1.2-billion Proposition HHH homeless housing bond and completed the ...

  6. California housing shortage - Wikipedia

    en.wikipedia.org/wiki/California_housing_shortage

    Since about 1970, California has been experiencing an extended and increasing housing shortage, [1]: 3 such that by 2018, California ranked 49th among the states of the U.S. in terms of housing units per resident. [2]: 1 [3] This shortage has been estimated to be 3-4 million housing units (20-30% of California's housing stock, 14 million [4 ...

  7. California Senate Bill 35 (2017) - Wikipedia

    en.wikipedia.org/wiki/California_Senate_Bill_35...

    California housing costs are among the most unaffordable in the United States. In 2018, the median San Jose home cost 10 times the median household income; Los Angeles homes cost 9.5 times; San Francisco homes cost 8.9 times; San Diego homes cost 8.1 times. [12] California is the most expensive state to rent in, in the United States. [13]

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