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Council approves $424 million ULA expenditure plan to fund affordable housing and renter supports
Summary
The council approved the fiscal year 2025–26 expenditure plan for the Unemployed/Local Allocation (ULA) — moving approximately $424 million into housing justice programs including construction/preservation, rental assistance and a major notice of funding availability.
The Los Angeles City Council voted on July 1 to adopt the fiscal year 2025–26 ULA expenditure plan, committing the largest-ever annual allocation from the city’s ULA revenue to housing and renter programs. Councilmembers described the plan as a major investment in preventing eviction and accelerating affordable housing construction.
Councilmember Eunice Hernandez spoke in favor of the plan on the floor, calling it the largest ULA expenditure plan and noting it moves more than $424 million into housing justice efforts. Hernandez said the plan funds 11 programs including affordable housing construction and preservation, homeownership support, eviction prevention and income support for seniors and people with disabilities. She said nearly $200 million will go directly into new social housing and that a new notice of funding availability (NOFA) could total up to $376 million, with $316 million from ULA alone.
Council staff and the sponsors said the plan has already delivered measurable results: ULA funds have supported 795 affordable housing units, helped more than 10,000 tenants remain housed through rental assistance, and provided income support to 500 low‑income seniors and people with disabilities. The plan includes more than $42 million to sustain and expand certain programs.
After questions and confirmation from staff, the council took a roll-call vote; the clerk recorded 13 ayes on the measure. Councilmembers indicated the plan reflects voter intent and emphasized metrics such as units preserved and rental assistance recipients as evidence of progress. A councilmember noted that final details and some line items were discussed with staff prior to the vote.
The action adopted the expenditure plan for the coming fiscal year and authorizes staff to implement the listed programs and to release notices of funding availability where specified. Implementation responsibilities rest with the Department of Housing and Community Investment and partnering program offices.
