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Council approved the LAHD recommendations to deploy Los Angeles County Affordable Housing Solutions Agency (LACAHSA) funds, including amending authorization to transfer up to $29,493,666 to HACLA for a Social Housing Pilot, with a requirement that LAHD report program specifics to the Housing and Homelessness Committee before contracting.
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The council voted to use County LACAHSA funds to support affordable housing programs in the city. It authorized up to $29.5 million to be transferred to the Housing Authority of the City of Los Angeles (HACLA) to start a Social Housing Pilot, but the Los Angeles Housing Department (LAHD) must first report the program details to the Housing and Homelessness Committee before signing a contract. The report says there is no immediate impact on the City General Fund, though one subsidy option could need additional funding in a second year.
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