LA Moves Forward With $15 Million Deal For Chinatown Apartment Tenants

Hillside Villa News

LA Moves Forward With $15 Million Deal For Chinatown Apartment Tenants
Affordable HousingLos Angeles
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Robert Garrova covers criminal justice for the LAist and KPCC newsroom.

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Under the proposed deal, the city would extend the covenant, paying nearly $15 million to the landlord to subsidize rents for some of the units in the building.But Hillside Villa tenants argue that another provision of the deal, which would require them to pay back rent in monthly installments, would actually make their rent less affordable.

“Key among them are the current stipulations that would require back rent payments to be collected right away ... It is extremely unlikely that these low-income families will be able to pay the back rent on top of their monthly rent,” Hernandez said.wants the city to update the proposed deal to include rent debt forgiveness. They have also advocated for the city to use eminent domain to purchase the property from the building’s landlord Tom Botz outright.

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