Rebroadcast: Inside one developer's big bet on affordable housing in Los Angeles
On Point with Meghna Chakrabarti
WBUR
4.3 • 3.9K Ratings
🗓️ 13 December 2022
⏱️ 48 minutes
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Summary
A California entrepreneur says he's building affordable homes in South Central LA at half the usual cost. How? By saying no to public funding. Martin Muoto and Mike Loftin join Meghna Chakrabarti.
Transcript
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| 0:29.0 | So bella brings me the post and I'm like, oh no, this won't be good. |
| 0:34.4 | I mean, it's a vets bill. |
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| 0:57.9 | Contitions and exclations apply. |
| 0:59.8 | This is on point. |
| 1:00.8 | I'm Magna Chakra party and you know there's a housing squeeze in the United States, |
| 1:06.3 | especially with affordable housing. |
| 1:09.8 | In Los Angeles, the city says it needs to build 57,000 new homes every year |
| 1:18.3 | for the next eight years if it wants to put a roof over everyone's head. |
| 1:22.5 | But not even one third of that number is actually being built annually. |
... |
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