Seniors housing developers compete for Global Award

NEW YORK: The three hundred and twenty-ninth entry for the seniors housing Global Awards for 2015 has been received.

A report last year said it takes you nearly $100,000 a year in household income just to make a median rental home in L.A. affordable.

Furthermore, a UCLA study concluded that the gap between local incomes and rents have made Los Angeles the least affordable rental market in America.

The Los Angeles Unified School District is building the 66-unit, four-story Selma Community Workforce Housing Project. It is scheduled to open in the fall of 2016.

Global Over 50s Housing/Healthcare Awards.

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