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El Segundo votes to join South Bay Regional Housing Trust to tap Measure A funds
Summary
The El Segundo City Council voted 3–1 Feb. 3, 2026, to join the South Bay Regional Housing Trust, authorizing the city manager to execute a joint powers agreement so the city can access Measure A funding and regional housing expertise.
El Segundo voted 3–1 on Feb. 3 to join the South Bay Regional Housing Trust and authorized the city manager to execute a joint powers agreement, a move proponents said will give the city new tools to finance and administer affordable housing.
Supporters said the trust will expand what Measure A funds can do locally. "This all started because of Measure A in 2024," presenter Mister Chu told the council, explaining the statewide measure resulted in a $13,000,000 pool for the subregion, of which about $7,000,000 is earmarked for production, preservation and ownership programs. He added that La Costa is providing roughly $1,400,000 toward administrative costs and consultants estimate a…
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