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Los Angeles 'mansion tax' delivers first affordable housing project

East Hollywood complex marks first ground-up development supported by the levy to open
The Santa Monica & Vermont Apartments have 185 income-restricted units at an East Hollywood subway stop. (Little Tokyo Service Center)
The Santa Monica & Vermont Apartments have 185 income-restricted units at an East Hollywood subway stop. (Little Tokyo Service Center)

A six-story affordable housing complex splashed in pink and green has opened at Santa Monica Boulevard and Vermont Avenue, marking a new chapter for a bustling intersection and for Los Angeles’ most contentious housing policy.

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