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Developer Lowers Income Threshold For 45 Below Market Units In Settlement

The AIDS Healthcare Foundation and the Coalition to Preserve L.A. reached a settlement with the developer of a 22-story Hollywood apartment complex to have the building offer 45 units to very-low-income, moderate-income and workforce-income tenants, AHF announced Thursday. CIM Group, the developer of the 299-unit building located at 5929 Sunset Blvd., agreed to lower income […]