Local feasibility targeting: steer rezonings and incentives toward formats that “pencil” locally to expand ownership options and throughput.
Challenge/Local/State
Priority Area: Housing & Climate Nexus
Description
Local Solution
(Type of Activity: Policy/Planning/Land Use )
Existing Examples of Progress: LA-area subregions/cities: Regional analyses showed multifamily high-rises often “don’t pencil” in subregions outside of central LA. In contrast, townhomes/condos often prove financially viable, while also meeting household demand for ownership. Highlighted as politically easier for elected officials to support than multifamily rentals, and a way to diversify supply.
Region: Los Angeles
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