Much of California faces a serious housing crisis. For both renters and owners, L.A. housing is among the least affordable in the United States. For working families, the lack of affordable housing can mean unreasonable rents, displacement, and even homelessness. While there are numerous community groups building new affordable housing, new supply is nowhere near enough to meet demand. Most affordable housing in Southern California is not permanent, but features covenant restrictions that last for several decades, then expire.
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