LA City Council to vote on $15M deal to assist tenants in Chinatown apartment

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Los Angeles City Council To Consider 15 Million Do News

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The L.A. City Council is expected to vote Friday on an almost $15 million deal to help Chinatown apartment building tenants who have been fighting rent hikes since 2020.

Tenants at the Hillside Villa Apartments, a 124-unit building constructed in 1989, have been fighting rent hikes since 2020.The Los Angeles City Council is expected to vote Friday on an almost $15 million deal to aid Chinatown apartment building tenants who have been fighting rent hikes since 2020.

The complex was built using funds from the Community Redevelopment Agency of the City of Los Angeles, and the city, with a 30-year covenant restricting the units to affordable rents. The property owner has refused to sell the building to the city, citing that redevelopment of the site will be an opportunity when the building ages, Ann Sewill, housing department's general manager, previously said. The building was developed on a zone that would allow for double the number of units.

Thomas Botz, the managing member of 636 NHP, told the Los Angeles Times that the deal "speaks for itself." He added, "I hope the tenants appreciate what Ann Sewill is doing for them and the city, and will not be led by the organizers."

 

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