April 22, 2019
March 25, 2019
Bisnow Wants Your Thoughts On LA's Transit Oriented Communities Affordable Housing Incentive Program
When the city of Los Angeles introduced the Transit Oriented Communities Affordable Housing Incentive Program, it was a boon for affordable housing advocates in the city. Better known as TOC, the program was born out of Measure JJJ, which voters approved in 2016 and which requires developers planning a development in the city to either add affordable housing or pay a fee.
The TOC program gives developers who have projects within a half-mile of a major transit stop certain incentives for adding affordable or mixed-income housing to their developments. In 2018, 30% of the total number of proposed housing units — 8,184 out of 27,366 units — were filed under this program, according to the city planning department.
Bisnow wants to know what you think of the program and transit-oriented development.