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Missoula nonprofit to purchase 160-unit apartment complex for affordable housing | Local

A nonprofit in Missoula is set to purchase 160 units of apartments next to the Clark Fork River in Missoula in order to preserve them as affordable housing . Homeword is currently in the process of buying the Creekside Apartments on East Broadway, which are currently owned by an out-of-state company. The apartments are currently available to people earning $27,720 or less annually, which is 60 percent or less of the area median income of $46,200 per person. However, the affordable restriction was set to expire in 2026, at which point the property would most likely have been converted into market rate rentals due to its desirable location. This would have made them "prime" for rent increases that would likely have caused the majority of residents to have to seek a place to live at lower rates elsewhere in an already competitive rental market , according to Homeword executive director Andrea Davis . “We know that rentals are in high demand here and there’s a significant ne...

Los Angeles Apartments - Freshome

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Collect this idea Rooftop lounge at The Dylan in West Hollywood As the second-largest city in the U.S. with the biggest population in California, Los Angeles has mountains, beaches and deserts all within a short driving distance . In addition to a multitude of outdoor activities, L.A. offers job opportunities galore ; its diverse economy is the third largest in the world, after Tokyo and New York. Some of L.A.’s biggest industries include culture , fashion, education, sports, entertainment, medicine and a booming startup tech field that is thriving on the Westside ( nicknamed Silicon Beach ). Los Angeles is often called the creative capital of the world , as one in six residents works in the creative industries of music, TV or film. Not surprisingly, the city has a thriving arts scene . There are more than 800 museums and art galleries in Los Angeles County —   more per person than any other city in the world. And for night owls, the nightclub and restaurant scene offers plenty of...