Measure ULA predominantly generates revenue from high-value residential sales, supporting housing initiatives in Los Angeles.
L.A.'s 'mansion tax' has collected $375 million. Where is the money going?
Measure ULA is a key initiative aimed at raising funds to combat Los Angeles' housing crisis, garnering $375 million since its implementation.
LA's Mansion Tax Becomes New Villain on Reality TV Show
Measure ULA, the mansion tax aimed at alleviating L.A.'s housing shortfall, has raised $142 million since its implementation in April, falling short of projections.
Real estate agents on Selling Sunset express concerns that the tax deters luxury home sales and stifles overall market activity.
LA's mansion tax comes to collect from nonprofit home builders
The mansion tax, intended to fund affordable housing, is harming nonprofits by imposing unexpected fees that hinder their development projects.
Westside houses account for nearly half of LA's mansion tax sales
Measure ULA has fallen significantly short of its revenue projections, raising under half of the anticipated funds.
The tax disproportionately impacts affluent West L.A. neighborhoods, where the majority of sales occur.
Measure ULA predominantly generates revenue from high-value residential sales, supporting housing initiatives in Los Angeles.
L.A.'s 'mansion tax' has collected $375 million. Where is the money going?
Measure ULA is a key initiative aimed at raising funds to combat Los Angeles' housing crisis, garnering $375 million since its implementation.
LA's Mansion Tax Becomes New Villain on Reality TV Show
Measure ULA, the mansion tax aimed at alleviating L.A.'s housing shortfall, has raised $142 million since its implementation in April, falling short of projections.
Real estate agents on Selling Sunset express concerns that the tax deters luxury home sales and stifles overall market activity.
Ballot Measure to Overturn ULA Struck Down by Court
California Supreme Court blocked a measure overturning Los Angeles' tiered transfer taxes, affecting Measure ULA and multiple other initiatives in the state.
California Supreme Court to Rule on Anti-ULA Ballot Measure
The California Supreme Court is set to discuss the constitutionality of Measure ULA, a mansion tax initiative in Los Angeles.
Ballot Measure to Overturn ULA Struck Down by Court
California Supreme Court blocked a measure overturning Los Angeles' tiered transfer taxes, affecting Measure ULA and multiple other initiatives in the state.
California Supreme Court to Rule on Anti-ULA Ballot Measure
The California Supreme Court is set to discuss the constitutionality of Measure ULA, a mansion tax initiative in Los Angeles.