Tuesday, December 11, 2012

Community Groups Praise USC Development Deal

The Los Angeles City Council has given the go-ahead, with a unanimous vote, to a $1.1 billion development deal to revamp the University of Southern California's village neighborhood. Community groups are calling it a historic deal. After difficult negotiations, USC agreed to contribute up to $20 million for affordable housing in the area, south of downtown, and millions more for local jobs. Pacifica's Dan Fritz reports from Los Angeles.