L.A. City Council has approved a $150-million spending plan for funds raised by Measure ULA, putting money toward rental assistance, tenant protection and other housing crisis initiatives.
The ‘wealth defense industry’ — a network of accountants and consultants tasked with helping the rich stay rich — is responsible for homeowners avoiding L.A.’s ‘mansion tax.’Before the vote at Tuesday’s meeting, about a dozen tenants and community activists expressed support for the funding, saying it is desperately needed, especially in the tenant-outreach and eviction-defense programs.
Joe Donlin, director of United to House LA, the coalition that brought Measure ULA onto the ballot, vowed that the coalition will stand together during the implementation process to make sure every dollar is spent effectively.
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