Million-dollar condos for only $770 a month

LUCKY DRAW— From left , Calabasas City Clerk Maricela Hernandez, planning director Tom Bartlett and New Home Company representative Kelly Ray draw the names of the eight winners in a Sept. 20 lottery to determine who gets to live in the luxury Avanti condominiums near The Commons shopping center at a below-market rental rate.
The mood in the Calabasas City Council chamber was optimistic as a half-dozen prospective tenants waited for the start of an affordable housing lottery to determine w...

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