In Los Angeles…
One third of Angelenos spend more than half their income on rent
57,000 people live in the streets and shelters in L.A. County – a 75% increase since 2012.
600,000 units are needed to meet demand of lower-income renters.
Prop 10, a measure staunchly opposed by LABC is defeated by voters
Released “Housing Pays: Capturing the Economic and Fiscal Benefits of Increased Housing Production for the City of L.A.”
Co-authored Prop. H, which was overwhelmingly approved by voters
Prop. HHH passes with active support from LABC
Released “LA’s New Frontier: Capturing Opportunities for New Housing, Economic Growth and Sustainable Development in LA River Communities”
Mayor Garcetti announced plan to build 100,000 new housing units by 2021 at annual LABC Mayoral Housing Transportation and Jobs Summit
News from the labc
The Los Angeles Business Council issued the following statement today regarding the former legislative leaders’ proposal to Senate pro Temp Atkins and Speaker Rendon calling for $20 billion in state funds over the next five years to address homelessness in California:...
L.A. BUSINESS COUNCIL ANNOUNCES KEY ENDORSEMENTS FOR NOVEMBER 2020 STATEWIDE BALLOT MEASURES
Debut Event to Feature Homeless Taskforce Co-Chairs Supervisor Ridley-Thomas and Mayor Steinberg