These six developers say they can build housing for homeless people faster and cheaper
(World News USA)

Building housing for homeless people is slow and costly, and is getting slower and costlier every year. But six developers responding to a challenge from Mayor Eric Garcetti are getting a chance to show how they would do it faster and cheaper. Pre-fab construction, simplified financing, shared housing and small-scale projects were the strategies spread through the proposals recommended Friday to share a $120-million grant funded through the city´s $1.2-billion homeless housing bond. The proposals promise to produce 975 new units of supportive housing at an average cost of $352,000 per unit, according to a report the mayor and housing officials presented to the citizen committee tasked with...