A Citizen’s Led Initiative for the City of Los Angeles to Address Our Housing and Homelessness Crises
Our measure reflects lessons learned from past efforts and will provide a deep, long-term investment in a broad set of programs that are proven to support people experiencing homelessness and those most at risk of homelessness.
Our measure will help Angelenos by generating significant, long-term funding to:
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Provide immediate support to people experiencing homelessness, and those at risk of homelessness, in the form of rental assistance, emergency income support, and access to permanent housing.
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Invest in new innovative solutions to create affordable housing more quickly and at a lower cost.
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Include the strongest Citizens Oversight and accountability protections in the history of the City of Los Angeles, including a dedicated Inspector General with guaranteed funding.
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Create more than 26,000 homes for people who are experiencing homelessness or are at risk of homelessness over the next decade, helping about 69,000 people. Help roughly 475,000 renters stay in their homes each year, helping families stay together, shorten commutes, and create more vibrant communities.
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Generate almost 44,000 good-paying construction jobs and 16,000 ongoing jobs over the next decade.
Los Angeles City’s affordable housing and homelessness crisis is unique to the city. Despite a sustained increase in effectively housing people who are unhoused in the City of Los Angeles, we face a humanitarian crisis, largely caused by government inaction. But it’s a crisis with a solution: It can be solved by building more affordable housing and helping at-risk renters (such as seniors, people with disabilities, and veterans) remain in their homes so they do not lose their home. We can be the solution. Together, let’s invest in the most ambitious housing funding package ever considered in the City of Los Angeles.
This funding will be locked into these programs via language in the ballot initiative, which also includes the strongest citizens oversight and accountability protections in the history of Los Angeles, including a dedicated Inspector General with guaranteed funding. This ensures that no matter who is on City Council, no matter who the mayor is, the experts who know how to solve the housing and homelessness crisis have the funding to make it happen.
Let’s ensure all Angelenos can thrive with a safe, stable, affordable place to call home. By asking millionaires and billionaires to contribute their fair share, every person in Los Angeles will be able to benefit from the healthier, safer, more vibrant communities built through this ballot initiative.
MEASURE BREAKDOWN:
The measure has two core components:
70%
for creating supportive and affordable housing, and protecting the affordable housing that already exists
30%
for stabling at-risk* renters (*such as seniors, people with disabilities, and veterans) from losing their homes and preventing them from becoming homeless
AFFORDABLE HOUSING
PROGRAM (70%)
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22.5% - 25%: Supportive and affordable housing for income-qualified populations in conjunction with other federal, state, and local affordable housing funding sources, such as federal Low Income Housing Tax Credits and State Low Income Housing Tax Credits
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22.5% - 25%: Alternative Models for Permanent Affordable Housing including construction, acquisition, rehabilitation, lease, preservation and operation of rental or mixed rental/homeowner projects
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10%: Acquisition, preservation, rehabilitation, lease, or operation of existing multifamily rental housing property, including properties of two or more units, rent-controlled properties, Residential Hotels, ADU’s, and Junior Dwelling Units, that either do not have covenants requiring affordability in place or have covenants requiring affordability that expire within 10 years of project onset
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10%: Single family and cooperative homeownership opportunities, including but not limited to Limited Equity Housing Cooperatives, shared equity homeownership, down-payment assistance, predevelopment funding, and capacity-building programs
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5%: Program stabilization fund to address periodic revenue shortfalls for programs that require a consistent revenue stream to function
HOMELESSNESS
PREVENTION PROGRAM (30%)
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5% to provide short-term emergency funding to tenant households at risk of becoming homeless.
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10% to provide income assistance to rent-burdened, Acutely-, Extremely-, and Very Low-Income Households containing seniors (aged 65 years and above) and/or persons with disabilities at-risk of becoming homeless, designed to assist such households in avoiding displacement from their homes
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10% to provide funding for a right-to-counsel program that provides housing-related legal services to
low-income tenants threatened with eviction
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2% to provide tenant outreach, education and
navigation services
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3% to fund non-profit organizations and City departments to monitor and enforce City protections against tenant harassment, and to inform tenants of such protections and support them in exercising their rights