Taxpayer rescue of Skid Row's largest landlord nears $40 million
Briefly

from Los Angeles Times4 months ago
"We are trying to prevent a humanitarian catastrophe," City Councilmember Bob Blumenfield said in an interview.
Los Angeles Timeshttps://www.latimes.com/homeless-housing/story/2023-12-04/taxpayer-rescue-of-skid-rows-largest-landlord-nears-40-million
Other landlords already have taken over seven trust properties, with another 10 expected to transfer out of the receivership in the coming months.
Los Angeles Timeshttps://www.latimes.com/homeless-housing/story/2023-12-04/taxpayer-rescue-of-skid-rows-largest-landlord-nears-40-million
Read at Los Angeles Times
#Los Angeles #Skid Row Housing Trust #taxpayer costs #homelessness #redevelopment
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