L.A.'s 'mansion tax' has collected $375 million. Where is the money going?
Briefly

"This is really a groundbreaking effort of a whole bunch of Angelenos coming together, taking ownership, challenging themselves and challenging the city to actually look at new ways to address grinding, chronic problems."
"The mansion tax remains in place and has brought in $375 million in revenue since it went into effect last year... enough to provide major funding for an ambitious set of programs that housing and tenant advocates have long pushed for."
Read at Los Angeles Times
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