Housing

Lab Report: L.A.'s New Pipeline for Affordable Housing

A morning roundup of the day’s news.
Lucy Nicholson/Reuters

$100 million per year: A new fee for developers in Los Angeles is intended to create a permanent revenue stream for affordable housing—$100 million annually—with builders paying between $1 and $15 for every square foot of new construction. The L.A. Times reports:

Pause, please: As the FCC sets up to make a landmark vote today on stripping away Obama-era net neutrality rules, attorneys general from 18 states are calling for a halt, citing the need to investigate an estimated 1-million-plus fake public comments registered during the process. Last week, 58 mayors and county leaders wrote the FCC in opposition to the rule change, saying it would hurt economic growth and consumer protection. (NPR, The Hill)