LA on track to build 100K new homes by 2021, mayor says

Source: KPCC

The city of Los Angeles is on its way to meeting the goal of producing 100,000 new housing units between 2013 and 2021, according to Mayor Eric Garcetti. In the last two years, the city has permitted nearly 26,000 new housing units, and during the last year alone, the city approved $7 billion in new construction. Additionally, in 2017, the city will unveil an online portal that’ll serve as one-stop shopping for developers, where they can deal with everything from building safety to street lights and sanitation. 
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