Real Estate/Development
May 28, 2010
L.A. Deal Preserves Affordable Units
Los Angeles officials signed off on a settlement Wednesday that allows several dozen tenants of the 60-year-old Lincoln Place Apartments in Venice to return to their homes and keeps in place one of the coastal neighborhood's last affordable housing bastions.
Daily Journal Staff Writer
Los Angeles officials signed off on a settlement Wednesday that allows several dozen tenants of the 60-year-old Lincoln Place Apartments in Venice to return to their homes, and keeps in place one of the coastal neighborhood's last affordable housing bastions.
The agreement between the city and the property owner, Denver-based AIMCO Venezia LLC, reached after 18 months of neg...
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