Eliminating Parking Requirements: Does it Help or Hurt Housing? (NONMEMBERS- use this page to register)

Eliminating Parking Requirements: Does it Help or Hurt Housing?

Postponed to a Date in the Near Future
12:00 PM
via Zoom

With parking spaces for new development in Los Angeles costing $30,000-$60,000 each to build, many city planners would agree that removing parking requirements from transit-rich areas is good for housing production and sustainability—at least in concept. Recent legislation proposed in the California legislature, like AB 1401, would de-regulate parking requirements for new development near transit and allow developers to determine the number of spaces to provide. So what are the implications for housing development in Los Angeles? Rather than prohibit parking or setting parking maximums, if the goal is to provide planning flexibility and possible cost savings to lure private developers to build more affordable housing, wouldn't 'lighter' parking regulations be the way to go?  

Such proposals have their critics, and not only from neighborhood advocates concerned with traffic, inadequate parking, and overflow parking. A number of affordable housing advocates have raised concerns that such proposals may undermine affordable housing production, since parking reductions are often offered to private developments that incorporate affordable units through the State Density Bonus program and L.A.’s Transit Oriented Communities Program. Local governments also worry that decreased private sector participation in affordable housing development may impact their ability to achieve State-mandated affordable housing production targets—which have increased significantly; current levels of public subsidies are inadequate to fund the number of units needed, increasing cities' reliance on leveraging privately-subsidized mixed-income development.

Join us for a lively discussion of the pros, cons and other perspectives on parking policy, zoning requirements and lenders' points of view on the subject of parking for LA's new mixed-income and affordable housing developments.

 

Speakers:

Speakers to be Announced- Stay Tuned!

 

Registration:

Registration for this event will close on September 21st at 9:00 PM. 

 

WUF Members                               Free
Nonmembers                                $35.00
Student Nonmembers                 $10.00

 

REGISTER NOW to be a WUF Member for 2021 and attend all monthly panel events for FREE through December 2021.

 

Additionally, thanks to the generosity of our annual Sponsors, WUF has a small number of free tickets available to members of the community.  If you are not able to join as a member or purchase a ticket for this month's panel presentation, but would like to join us, please write us at [email protected] to inquire if we have any remaining sponsor provided tickets. 

 

THANK YOU FOR YOUR DONATIONS…

As a non-profit organization we are dependent upon donations in order to continue our monthly programming.  Please keep this in mind when registering for this event; we appreciate contributions of any amount.

 

WHEN
September 22, 2021 at 12:00pm - 1pm
WHERE
via Zoom
Los Angeles, CA
United States
Google map and directions
CONTACT
Suzi Paine · · 310-283-2423
5 RSVPS

Who's RSVPing

Will you be attending?

$35.00 Nonmember
Nonmember Ticket Price
$10.00 Student Nonmember
Student Nonmember Ticket Price

connect