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Sacramento delegation urges Los Angeles to start larger, permanent housing trust fund now
Summary
State legislators visiting City Hall urged the Los Angeles City Council to adopt a permanent, renewable housing trust fund, pressing the city to find $100 million or, if that is not feasible, $75 million to address an affordable-housing crisis they said has reached emergency levels.
Assembly members and state senators from Sacramento told the Los Angeles City Council on Tuesday that California faces a severe affordable housing shortage and urged the city to establish a larger, permanent housing trust fund.
The delegation, which included Assembly Member Jackie Goldberg and Assembly Member Alan Lowenthal, said the city should commit to $100 million for a housing trust fund; if that was not attainable this year, they urged the council to start with $75 million from a renewable source. "If you can't do a hundred million, do 75,000,000, but get started," Goldberg said.
Why it matters: The speakers said statewide funding and local…
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