, which oversees Proposition HHH projects. Homeless population estimates are from the Los Angeles Housing Services Authority’s 2019 count.
The projects' total costs are much more than $1.2 billion. The HHH fund covers about 30% of the building costs. Developers must raise the rest of the construction costs elsewhere., the majority of the funds should be used to build permanent supportive housing units for homeless people. No more than 20% can be used to build affordable housing for low-income families and individuals. A small portion is set aside for shelters and other facilities for homeless people.
This analysis does not include projects funded by the mayor's innovation challenge, which involves $120 million set aside from the $1.2 billion HHH funds. That program was and less costly building methods. The $120 million will go toward six projects totaling roughly 1,000 apartment units. The locations of those projects have not been determined.
LiberalFodder You have obviously misunderstood once again the homeless were never gonna see a nickel of that money in the first place. Welcome to the Satanic Bible Belt.
Was it spent on misquoting DiFi? Nah, you just did that for free.
We should bring in millions of third world immigrants, that'll fix it.
Hey, EveryoneIn_LA I think they are talking about you.
We now return to Garcetti & Goons
The Homeless Industrial Complex took it
Greed. Duh. Why would they wast the space on housing for the homeless when rich people would pay lots more for those units. Thus why LA, NY, San Fran, etc have this problem