What is a ICO and HPOZ ?
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Now that ICO is in force in the Holmby Hills neighborhood, homeowners are asking what is ICO and HPOZ ? An ICO is an interim control Ordinance. The ICO ordinance prohibits demolitions and substantial alterations of single family homes as a temporary hold until rules can be established. What is a HPOZ in simple terms. A HPOZ is a Historic Preservation Overlay Zone. A HPOZ is a ordinance limiting the scale of new construction. If a HPOZ is created for real estate in Holmby Hills, residents are asking, how will a HPOZ effect my property values? How will it affect me if I want to remodel? How will it effect home sales in Holmby Westwood ? How will it affect the value of my home. What does this mean to real estate in Holmby Hills.?
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These are all really important questions. So much is being decided and homeowners still have the opportunity to have a voice. There is too much information to put in one newsletter. Please refer to my blog to voice your opinions, to share opinions and be heard. I will be posting many articles on the subject. As a homeowner in Little Holmby and realtor, the effects of these decisions will affect the value of your home and how remodels and construction will be handled. I hope some of these comments will help you understand what is ICO and HPOZ ? and what it means to you.
What will I have to do gain approval for a project for HPOZ?
Who will make the rules?
Who who will enforce the rules?
Do I need approval for projects that do not require a building permit?
What if the HPOZ rejects what I want to do?
How much time will it take now that there is a review process?
You can learn more about HPOZ from the following site:
Here is some more about What is ICO and HPOZ
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To learn more about HPOZ, Historic Preservation Overlay Zone you can refer to : Refer to http://preservation.lacity.org/hpoz/la for more INFORMATION
This site will help property owners understand the HPOZ Review Process.
The HPOZ Review Process- A general overview of the HPOZ Process
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• How to Submit a Project for HPOZ Review – A step by step guide to submitting your project for HPOZ Review
• HPOZ Initial Screening Checklist – Alert your HPOZ’s Planning Staff that you are ready to begin the application process
• Board Information – Information page for each of the HPOZ Boards
• Project Standards – Explains how project type influences which HPOZ process is required
• Successful Projects- View a gallery of successful projects and plans
• Policy Updates and Proposed HPOZs:
I hope this article will help you explore What is ICO and HPOZ ? Please refer to the link above and my article on Mansionization previously written ICO and Mansionization.
Contact https://caronschwartz.com/ for more information about Real Estate in Holmby Hills.
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