Measure ULA Funds Head to Housing

LA’s City Council just approved a $544 million spending plan from the controversial “mansion tax” Measure ULA, the largest allocation yet — funding affordable housing and homelessness prevention. After a last-minute deal saved the tax from a potential November ballot defeat, the city has already collected over $1.24 billion since 2023. Though falling short of the original $1 billion/year goal, the funds have already helped thousands through housing, rental aid, and eviction defense. The plan now heads to Mayor Bass for final approval — a major step forward despite the tax’s rocky political journey. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/5964039ee67c04e1