October 19, 2021 #1 Local News, Forum, Information and Event Source for Venice Beach, California.

Affordable Housing Proposal for Venice

9:11am

In a move that could create much-needed affordable housing in Venice, Los Angeles City Councilmember Mike Bonin today proposed building housing on the site of a controversial Metro bus yard that closed last month.

In his capacity as a member of the Board of Directors of LA County Metro, the region’s transportation agency, Bonin succeeded in shutting the bus yard and making sure it would not to be sold to the highest bidder for use as office or commercial space.

“Neighbors in Venice have been calling for the bus yard to be closed for years, and I was proud to make that happen,” said Bonin. “Now that it is closed, we can use this site to deliver needed affordable housing through a neighborhood-serving project that will be a great fit in Venice.“

The 3.5-acre property, on Sunset Avenue near the beach, has been a bus yard since 1951, drawing regular complaints about noise and pollution. At Bonin’s urging, Metro consolidated operations and closed the yard last month. Under state law and Metro policy, the transportation agency can auction the property, sell it to a government agency for fair-market value, or develop the property through a community-driven process. Metro policy dictates that a minimum of 35% of the units on Metro property must be affordable units.

Given the zoning of the property, an auction would have almost certainly resulted in a large “by right” office or commercial project, creating significant traffic impacts, Bonin said.

“There was no way that kind of development would have been the highest and best use for the property,” Bonin said. “Venice is in real, desperate need for more affordable housing. As we talk about what we are going to do to combat homelessness and the housing crisis in LA, we need to take advantage of every opportunity to create affordable housing where we can.”

Bonin formally directed LA Metro to begin the “joint development process” at a board meeting January 28. Los Angeles County Supervisor Sheila Kuehl co-sponsored the motion.

Developing the property will likely take a few years. The first step will be an environmental assessment to determine what it will take to make a former bus yard suitable for residential use. An extensive community engagement process will follow, so neighbors can help shape and design the project. Metro recently mandated extensive community engagement processes for any development on its properties.

Bonin said affordable housing is essential, as the city and region grapple with skyrocketing rents and housing prices.

“Long-time residents are being forced out of neighborhoods,” he said. “Recent graduates cannot afford to live where they grew up. It is a crisis – and it is particularly acute near the coast. We need to take big actions to create affordable housing, and given the cost of land on the Westside, it is going to take government property to make it happen.”

Mayor Eric Garcetti and Kuehl recently spearheaded the Metro affordable housing policy – which requires at least 35% of housing created through Metro Joint Development efforts to be affordable for residents earning 60% or less of the Area Median Income. In Los Angeles 60% of the AMI would be about $33,000.

The lack of affordable housing in Venice has been a major concern shared by Bonin and Venice residents, and Bonin has taken a series of legislative actions to protect affordable housing in the neighborhood, including pushing for: tightened regulations preserving affordable units in the coastal zone; regulations curbing the loss of affordable rental units to short-term rentals; and state legislation closing a legal loophole that allowed a loss of affordable units under a state law designed to increase affordable units.

Related Posts

Los Angeles Leads the Nation in Adaptive Reuse for 2022

October 18, 2021

October 18, 2021

Quarter of conversion projects in pipeline located in former offices By Dolores Quintana Adaptive reuse of already existing buildings is...

First Baptist Church of Venice Awarded Historic Designation

October 18, 2021

October 18, 2021

Westside Real Estate Scene October 18, 2021 By Dolores Quintana Patch reports that The First Baptist Church of Venice has...

Landlord Sues Snap Over Fire At Former Venice Office

October 16, 2021

October 16, 2021

Benjamin Schonbrun files lawsuit against Snap, Inc. in connection to January fire By Dolores Quintana A Venice property owner is...

McRight/Wagner Venice Home and Studio on the Market

October 9, 2021

October 9, 2021

Westside Real Estate Scene October 11, 2021 By Dolores Quintana The McRight/Wagner home and studio is now on the market...

LA City Council Exploring Funding Rental Subsidies for 10,000 Homeless Individuals

October 8, 2021

October 8, 2021

Creation of “Housing Now” Program approved by lawmakers last month By Sam Catanzaro Los Angeles City Council recently approved the...

Gov. Gavin Newsom Signs 27 New Housing Bills Into Law

October 4, 2021

October 4, 2021

Package of laws signed by the governor aimed at boosting affordable housing production By Dolores Quintana Gov. Gavin Newsom, addressing...

Six-Story Development Underway in Palms

October 4, 2021

October 4, 2021

Westside Real Estate Scene, October 4, 2021 By Dolores Quintana Matt Damon Sells Pacific Palisades Home After Price Drop As...

UCLA Study Suggests Nearly Half of LGBT Renters Behind on Rent Fear Eviction Within 2 Months

September 17, 2021

September 17, 2021

UCLA study sheds light on concerning issue  By Susan Payne According to a recent UCLA study, nearly half of the...

Mixed-Use Development Tops-Outs on Venice Boulevard

August 9, 2021

August 9, 2021

Eight-story Venice Boulevard apartments and retail take shape By Chad Winthrop Construction for a mixed-use development in Palms has topped-out...

Venice Boardwalk Development Appeal Hearing Next Week

July 28, 2021

July 28, 2021

Appeal hearing for mixed-use development at 811-815 Ocean Front Walk August 3rd By Chad Winthrop An appeal hearing for a...

Edify TV: West LA Chili Bowl Denied Historic-Cultural Status

July 12, 2021

July 12, 2021

Recently LA City Council voted to deny the West LA Chili Bowl Historic-Cultural Monument, one of the oldest surviving examples...

Five Story Apartment Building Unwrapped in Palms Neighborhood

July 6, 2021

July 6, 2021

Multi family housing complex will have 60 units.  By Toi Creel Yet another real estate development housing project is coming...