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Live/Work Rules Changed

Because some LA condo buildings are classified as live/work, they haven't been able to offer Federal Housing Authority (FHA) financing, but today the City Council voted for a building code change that could let such financing ultimately occur, according to Blogdowntown. But developers still have to do more work in terms of applying for the code change. A planner tells the blog: "A lot of it is going to be dependent on how quick the architects and the developers can put together new plans." [Blogdowntown]