June 17, 2021 #1 Local News, Forum, Information and Event Source for Venice Beach, California.

Los Angeles Commits to Affordable Housing

The Board of Supervisors have approved a new fund,
set to total $100 million a year by 2020, to support affordable housing. This is in addition to the $100 million the county has already committed to fighting homelessness.

Supervisor Sheila Kuehl, who authored the motion and was joined by Supervisor Mark Ridley-Thomas, said she was trying to take a longer view.

“This money is not just about housing people who are already
homeless,” but about building housing so that most Angelenos can afford a place to live, Kuehl said.

Redevelopment agencies once supplied much of the funding for affordable housing, as they were required to set aside 20 percent of their revenues for that purpose. Their dissolution by the state in 2012 has helped contribute to a supply and demand mismatch.

A family living in the county needs to earn $71,000 per year to afford the average rent for an apartment, but the average renter household earns just over half that, or $39,000, according to Kuehl’s motion.

At least three-quarters of the new county fund will be designated for preserving, building or renovating housing for very low-income or homeless households. The balance is intended to provide rental assistance, rapid re-housing of the homeless, shared housing and move-in assistance programs.

A multi-disciplinary committee will be established and tasked with
returning to the board in about five months with a detailed plan for both funding and spending the dollars. The commitment totals $20 million in 2016-17 and scales up in $20 million increments to reach $100 million annually by 2020-21.

Supervisor Don Knabe raised concerns about setting the budget five years out before identifying the exact source of funds.

“Taking this number out of the sky bothers me,” Knabe said.

Instead, Knabe suggested setting aside up to 20 percent of the county’s excess fund balance each year, rather than setting an absolute dollar amount.  He estimated that his formula could actually provide more dollars for housing in the early years.

Pushing for the $100 million commitment, Ridley-Thomas called it an “audacious and inspirational” goal, telling Knabe it was time “to get moving and get moving now on building affordable housing…we are not running fast enough, keeping up with the crisis.”

Knabe said he absolutely supported affordable housing and wasn’t
advocating for “business as usual,” but that he wanted to ensure that any plan was sustainable.

The board ultimately agreed that the committee would consider Knabe’s formula as one potential way of funding the overall commitment and voted unanimously in favor of the commitment.

The Southern California Association of Non Profit Housing praised the move, calling it “a significant boost to solving the shortage of affordable homes to our most vulnerable, especially low-income families, seniors and veterans,” said Alan Greenlee, executive director of SCANPH.

The association pegged the shortage of affordable homes for those making $18,000 or less per year at more than half a million units.

– from CNS.

Related Posts

Bonin Proposal to Make More Westside Homeless Shelters Passes Committee

May 13, 2021

May 13, 2021

LA City Council’s Homelessness and Poverty Committee advances controversial proposal By Sam Catanzaro A plan to bring more homeless shelters...

LAHSA Application for Permanent Housing Moves Online

May 10, 2021

May 10, 2021

Agency consolidates 15 different paper housing applications into one digital application By Chad Winthrop The Los Angeles Homeless Services Authority (LAHSA)...

Ramada Inn Homeless Shelter Appeal Denied in Unanimous Vote

April 23, 2021

April 23, 2021

A unanimous vote by The Board of Public Works denied an appeal filed on behalf of 400 local residents and...

Mobile Dental Clinic Provides Needed Care for Homeless Vets

April 22, 2021

April 22, 2021

This week a free mobile dental clinic created by Village for Vets, The Herman Ostrow School of Dentistry of USC,...

Venice Beach Handball Courts Set to be Cleared Out

April 8, 2021

April 8, 2021

Due to an encampment at the courts LA City has posted its intent to clear out the area on April...

How Southern California Residents Can Practice Sustainability

April 1, 2021

April 1, 2021

Los Angeles is known as a car city, but that doesn’t mean LA and other counties in Southern California can’t...

Venice Hotel to Homeless Shelter Sparks Debate

February 18, 2021

February 18, 2021

The city and Project Home Key are working together to turn the Ramada Inn on Washington Blvd in Venice into...

Other Beach Communities near Venice

February 2, 2021

February 2, 2021

We all know Venice is great. It is a truly unique beach community unlike anywhere else in the world. However...

Feds Give LA County Permission to Skip 2021 Homeless Count

December 17, 2020

December 17, 2020

“There is no safe way to gather the 8,000 volunteers necessary,” LAHSA says By Sam Catanzaro The federal government has...

6 Things to Do When Visiting Venice

December 3, 2020

December 3, 2020

You can’t visit Los Angeles without checking out Venice, one of the most popular tourist destinations in Los Angeles, and...

City Council Set to Vote on Vote on Encampment Ban

November 19, 2020

November 19, 2020

Los Angeles City Council to continue controversial item November 24 By Sam Catanzaro Los Angeles lawmakers are set to vote...

Bridge Housing Stats, Motion to Close Lane of Venice Boulevard

August 21, 2020

August 21, 2020

August Venice Neighborhood Council meeting recap Part 1 By Angela McGregor At the most recent Venice Neighborhood Council (VNC) meeting,...

City of LA’s Top Homeless Advisor Resigns

August 17, 2020

August 17, 2020

By Toi Creel Los Angeles Mayor Eric Garcetti’s top advisor on homelessness Christina Miller has told her colleagues she will...

Return of Sb50: Good or Bad for Your Health?

December 27, 2019

December 27, 2019

By Tom Elias, Yo! Venice columnist The good news last year for many Californians who happen to live near light...