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San Fernando
Thursday, Mar 28, 2024

Developer’s request OKd

CITY HALL , The City Council offered a concession on Tuesday that would allow a developer to defer for three years $1 million in affordable-housing fees to better weather a weak market, despite fear among some members that it could lead to similar requests from other developers. The offer fell short of the complete fee waiver that A & K Investment Company had requested for its 47-unit, market-rate condominium project at 1838 S. Brand Blvd., which lies within the San Fernando Road Redevelopment Project Area. For the full story visit www.glendalenewspress.com/articles/2008/08/28/politics/gnp-fees27.txt

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