On August 4, 2020, in a 5-0 vote the Los Angeles County Board of Supervisors passed the County's Inclusionary Housing Ordinance with slightly more restrictive amendments and other directives. Details are outlined below. For questions contactDiana Coronado.
Amendments :
Covenants will be affordable in perpetuity for inclusionary units created without the benefit of a density bonus.
Require that affordable, off-site housing receive a Certificate of Occupancy (CofO) prior to issuing a final CofO for the primary project.
Include a provision allowing a multi-family applicant to request that the requirements of the inclusionary ordinance be adjusted or waived based on a showing that applying the requirements would effectuate an unconstitutional taking of property.
Directives:
In one year, the Director of Regional Planning will report back on the entitlement and building activities for new market-rate residential projects in the East LA Gateway, South Los Angeles and Antelope Valley sub-market areas, including condo projects in the South Los Angeles and in the Antelope Valley sub-market areas.
After one year, initiate an update the economic feasibility study for the adoption of the Ordinance in the aforementioned sub-market areas and amend the Ordinance to apply to these areas – if supported by the updated feasibility study.
Report back, annually, on the entitlement and building activities for multifamily housing projects undertaking substantial renovations that exceeds $65,000 per unit, and the replacement of two or more building systems.
Update the economic feasibility study and report within two years on any recommendations to amend the ordinance, including to reduce offsite affordability options, and requirements to achieve deeper affordability for both rental and ownership projects. Also, consider including substantial renovation projects in the ordinance.
Direct the County CEO’s office to sponsor State legislation in 2021 to impose a 99-year affordability covenant on all State housing affordability programs.
