Tue, December 10, 2024
[ Tue, Dec 10th 2024 ]: The Independent
Teachers 'reluctant to use AI for pupil learning and assessment'
[ Tue, Dec 10th 2024 ]: St. Louis Post-Dispatch
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[ Tue, Dec 10th 2024 ]: CNN
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[ Tue, Dec 10th 2024 ]: The Daily Telegraph
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[ Tue, Dec 10th 2024 ]: St. Louis Post-Dispatch
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[ Tue, Dec 10th 2024 ]: CNN
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[ Tue, Dec 10th 2024 ]: spectator.com.au
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[ Tue, Dec 10th 2024 ]: Missoulian
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[ Tue, Dec 10th 2024 ]: Richmond
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[ Tue, Dec 10th 2024 ]: RTE Online
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[ Tue, Dec 10th 2024 ]: The New York Times
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[ Tue, Dec 10th 2024 ]: CNN
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[ Tue, Dec 10th 2024 ]: The Hill
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[ Tue, Dec 10th 2024 ]: Leader-Post
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[ Tue, Dec 10th 2024 ]: The Mirror
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[ Tue, Dec 10th 2024 ]: London Evening Standard
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[ Tue, Dec 10th 2024 ]: MSN
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Why Is Israel Bombing Syria?

L.A. City Council approves 'mansion tax' spending plan and program guidelines

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L.A.'s tax on the sale of multimillion-dollar properties has collected about $480 million. It will be spent on affordable housing and tenant protection efforts.
The Los Angeles City Council has approved a spending plan and program guidelines for the "mansion tax," officially known as Measure ULA, which imposes a tax on property sales above $5 million. This tax, which went into effect on April 1, 2023, aims to fund affordable housing and tenant assistance programs. The approved plan allocates approximately $150 million for short-term emergency rental assistance, $23 million for eviction defense, and $5.5 million for tenant outreach and education. Additionally, $116 million is designated for the development of affordable housing, with $23 million specifically for income-restricted housing for low-income seniors and $18.4 million for extremely low-income housing. The guidelines also outline how the funds will be distributed, with a focus on ensuring that the money benefits those most in need, including low-income families, seniors, and individuals at risk of homelessness. The measure has faced legal challenges, but the city remains committed to its implementation to address the housing crisis.

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