The text discusses the challenges and innovative solutions in addressing the affordable housing crisis in cities like Los Angeles, focusing on the efforts of Alliant Strategic Development to provide attainable housing. They utilized bonds financed through tax-exempt bonds issued by California agencies like the CMFA and Cal HFA. Also, the developments are situated in Opportunity Zones near mass transit, leveraging tax incentives and Transit-Oriented Communities (TOC) benefits to enhance affordability and accessibility. Lastly, their strategies included limited parking to reduce excavation costs, LEED certification for sustainability, and Type III construction standards for cost efficiency.

https://urbanland.uli.org/development-business/making-affordable-housing-pencil-out-in-socal