A public agency in California acquired a market-rate apartment in metropolitan Los Angeles and plans to convert the property into much-needed affordable housing, an issue that could be exacerbated when pandemic-era eviction moratoriums expire in the high-priced state.
California Housing Agency Acquires Luxury Apartment in Glendale
The Deal Comes Amid a Statewide Struggle for Affordable Housing
CoStar News
June 24, 2021 | 9:22 P.M.
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IN THIS ARTICLE
- Properties
- hue39
3909 San Fernando Rd, Glendale, CA
- Companies
- CA Statewide Communities Development Authority
Public Administration