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Committee authorizes $20 million temporary loan from housing impact trust fund

Los Angeles City Housing Committee · December 4, 2025

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Summary

In a special meeting the committee approved a $20,000,000 temporary loan from the Housing Impact Trust Fund for HHH-related projects; the action passed 4–0.

The committee convened a special meeting and approved two items, including a temporary loan of $20,000,000 from the Housing Impact Trust Fund.

The loan item was read into the record as a recommendation to authorize a $20,000,000 temporary loan from the impact trust fund to be used for HHH projects and related matters. The committee took a roll call and approved the loan authorization by a 4–0 vote.

The special meeting also approved a facilities committee report concerning child-care services at a vacant city site on North Highland Avenue (District 4). The committee adjourned the special meeting after the votes.