Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
City Council moves $360 million in ULA funds to preserve affordable housing
Summary
The council approved Item 10 to move $360,000,000 in ULA funds intended to preserve and advance affordable housing across multiple projects. Councilmembers said the action will support about 25 projects and more than 4,000 homes; the council recorded an 11-vote tally in favor.
The Los Angeles City Council voted to authorize the movement of $360,000,000 in funds under the city’s ULA program as part of Item 10 on the April 29 agenda. Councilmember Isabela Jurado said the investment is "the largest to date" for preserving and advancing affordable housing projects and described the allocation as…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
