Anti-Displacement & Community Ownership in Koreatown: Acquisition-Rehabilitation of Naturally Occurring Affordable Housing
Student Work
Nathan Keibler
June 2022
This research project considered the work of the Beverly-Vermont Community Land Trust (BVCLT), an organization based in LA’s Koreatown neighborhood focused on anti-displacement and permanent housing affordability for LA’s low-income renters of color. Currently, BVCLT is focused on acquiring “naturally occurring affordable housing” (NOAH), removing it from the speculative real estate market, and rehabilitating it to provide existing renters with a safe and permanently affordable living environment. The researcher conducted a market analysis, financial feasibility analysis, and funding source summary for NOAH preservation in Koreatown. Please consult with Faizah Barlas at BVCLT for how best to utilize the results of the research.
