Accepting the daunting task of building 9,000 new housing units over the next decade -- more than two-thirds of them affordable -- the City Council this week began exploring removing caps on development.
The State-mandated target -- which Councilmembers said they would not contend -- cannot be met by continuing to rely on developers to include affordable units in market-rate projects, the Council agreed.
Instead, massive new funding must be found to develop the projects on public land -- including in the Bergamot area in the city's old industrial zone -- and along major boulevards, such as Wilshire.
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