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CAO: City homelessness budget tops $1 billion this year but faces a funding gap next year
Summary
City Administrative Officer and staff briefed the committee on the city’s homelessness spending, breaking down sources and programs and warning of a projected gap in 2025–26 when county roadmap funding ends and service rates rise.
The City Administrative Officer told the Housing and Homelessness Committee Jan. 29 that the city’s adopted budget and subsequent additions put Los Angeles’ homelessness spending at just over $1 billion for fiscal year 2024–25, while warning of a multi‑million‑dollar shortfall projected for 2025–26.
“Many of us have heard the $1,000,000,000 number that the city spends $1,000,000,000 on homelessness a year,” CAO staff member Matt Szabo said, and he later gave a consolidated figure: “The actual number for the 24,25 current fiscal year budget is just over a $1,040,000,000.” Szabo listed the main funding sources that feed the total: general fund dollars, state grants (including the HAP grant), county contributions related to the Roadmap agreement, HHH bond funds, and ULA dollars.
Szabo and CAO staff described three program…
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