L.A. renters buy state-owned homes years after freeway closure

For nearly four decades, many residents in El Sereno, California, have been renting homes owned by Caltrans due to a freeway project that was never completed. Recently, these long-term tenants have been given the opportunity to purchase their homes at reduced prices, a chance they see as essential for achieving homeownership. However, the process has been slow, with some homes remaining in escrow for extended periods as repairs are needed. The historic home of chef Julia Child has been vacant for 40 years, highlighting the ongoing issue of unoccupied properties. Caltrans is also selling vacant properties to affordable housing providers, who are tasked with repairing them for new occupants. While some tenants are excited about the prospect of homeownership, others express frustration over the slow pace of sales and the uncertainty surrounding their purchases. City and state officials have announced plans to acquire additional parcels from Caltrans to develop affordable housing and parks in the area. Despite the challenges, progress is being made, with about two dozen tenants currently in escrow to buy their homes. The housing authority is committed to expanding low-income housing options in El Sereno, aiming to address the needs of residents who have been waiting for years. The situation reflects a broader concern about the management of state-owned properties and the need for timely solutions to housing shortages. As the agency continues to work on these sales, there is hope that more residents will soon have the opportunity to secure stable housing. The ongoing efforts to convert these properties into affordable homes are crucial for the community, as they seek to provide long-term solutions for low- and middle-income families.