The new Los Angeles County Affordable Housing Solutions Agency is set to collect $400 million annually to fund low-income housing developments. Ry Johnson, recently appointed interim chief executive, faces scrutiny regarding his background and the vetting process that led to his selection. Despite this, he has a proven track record in finance and real estate, having successfully converted numerous market-rate units into affordable housing. However, the agency's external consultant did not thoroughly investigate his past real estate deals, raising questions about transparency and accountability in managing public funds for housing initiatives.
Ryan Johnson's appointment as interim chief of the Los Angeles County Affordable Housing Solutions Agency raises concerns regarding his background and the vetting process prior to his selection.
Johnson has a strong background in finance and real estate, having acquired and converted 2,600 apartment units to affordable housing in a short timeframe.
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