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LA committee approves study on Measure ULA's impact on affordable housing.
A Los Angeles committee formed to assess Measure ULA, a 2022 tax funding affordable housing, approved hiring a consultant to analyze the tax's impact on development and comparing it to similar measures in other cities.
Concerns persist that the tax, which has raised over $1 billion, may be slowing affordable housing projects.
The committee plans to present its findings to the full City Council for a possible November ballot measure.
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El comité LA aprueba el estudio sobre el impacto de la Medida ULA en la vivienda asequible.