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Los Angeles Ordinance That Led to Thousands of New Homes Downtown May Expand Citywide

Draft of Ordinance That Could Open Up More Adaptative Reuse May Be Approved in Coming Months
The Old Bank District, a group of early 20th Century buildings at 411 S. Main St. in downtown Los Angeles, transformed into apartments after the city passed an adaptive reuse ordinance in 1999. (Jay Diaz/CoStar)
The Old Bank District, a group of early 20th Century buildings at 411 S. Main St. in downtown Los Angeles, transformed into apartments after the city passed an adaptive reuse ordinance in 1999. (Jay Diaz/CoStar)
CoStar News
May 31, 2023 | 11:03 P.M.

A Los Angeles ordinance that has a track record of creating downtown housing may be extended in coming months as the nation's second-largest city grapples with a worsening housing affordability crisis.

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