into multifamily apartments. the company that operates the facility hasn't responded to our request but they say they have no choice but to close the facility because it's operating at a loss. >> market rate housing is the market rate of rentals in today's market which is at an all-time high. if you place multifamily units at this site at the market rate of the greater market rate in los angeles, that is totally above and beyond what this localized community can afford. >> this community, boyle heights, the idea that you might see a bunch of condos or high priced rental units go up, who is going to live in them? is it the people that are already living in this community? >> most likely not, no. >> that's because the median household income in boyle heights is $42,000 a year. and market rate, one-bedroom apartment in los angeles is what? >> right now it can be up to $2,000. >> almost the entirety of the median income -- >> is unaffordable and