LA City Council approves guidelines for Measure ULA spending

by TRD Staff

Los Angeles plans to spend a majority of its Measure ULA mansion tax toward funding “social housing” programs that push tenants to collectively buy apartment buildings and run them. The plan was approved by the City Council last week, which allocated $168 million of its “mansion tax” funds for fiscal year 2024-2025 for housing development […]The post LA City Council approves guidelines for Measure ULA spending appeared first on The Real Deal.

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