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‘Double Whammy’ Coming For LA Affordable Housing In Next 5 Years

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Dual forces from the public and private sectors are set to converge on Los Angeles in the coming decade, removing thousands of affordably priced homes from the market at a crucial time for residents who are unable to pay the steadily increasing prices now common in the city…

…“It’s really a double whammy for low-income renters struggling to stay in Los Angeles County,” California Housing Partnership President and CEO Matt Schwartz said.