LA Metro will try to prevent gentrification near its future rail lines by ‘land banking’ ...Middle East

LA Metro wants to go into the housing business, in particular, to generate affordable housing near future bike paths, train lines and bus lines. Typically, infrastructure such as transit lines raise the price of property and often leads to luxury homes, condos and apartments being built. LA Metro board voted to partner with LA County to land-bank properties for future low-rent developments.

Hence then, the article about la metro will try to prevent gentrification near its future rail lines by land banking was published today ( Monday 27/06/2022 - 04:08 PM ) and is available on Los Angeles Daily News ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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