# LA’s Affordable Housing Boom | Real Estate News

Page: https://stenobird.com/podcast/real-estate-news-today-2-min-news-the-daily-news-now-7843453/la-s-affordable-housing-boom-real-estate-news
Text version: https://stenobird.com/podcast/real-estate-news-today-2-min-news-the-daily-news-now-7843453/la-s-affordable-housing-boom-real-estate-news.md
Podcast: [Real Estate News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/real-estate-news-today-2-min-news-the-daily-news-now-7843453)
Published: 2026-07-08T02:53:54+00:00
Episode link: https://sources.thednn.ai/0cc698c1f83559b0
Audio file: https://api.fastcast.ai/audio/409fdba0-7a41-423b-9838-f6b41c8bf562.mp3
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Duration seconds: 94

## Resource

Venice Boulevard is about to get a major affordable housing upgrade—tearing down a small commercial building to replace it with a seven-story complex offering 115 low- and moderate-income one-bedroom apartments, plus retail and parking. This project leverages LA’s city program that incentivizes dense development for affordable housing, a smart play as market-rate construction costs soar and approvals drag on. Nationally, affordable housing is on the rise, but LA’s leading the charge: over 20% of new apartments between 2020 and 2024 were income-restricted. Behind the momentum? Executive Directive One, which fast-tracked approvals for fully affordable projects since 2023 and became permanent last year—making this kind of development not just possible, but inevitable. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/0cc698c1f83559b0

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