Tell Newsom to Veto Los Angeles Housing Bureaucracy
Senate Bill 679 (Kamlager) would establish the Los Angeles County Affordable Housing Solutions Agency (LACAHSA) which would use local financing tools to fund protections for renters and the production and preservation of housing units, discouraging the production of affordable housing while passing greater costs onto consumers and businesses.
SB 679 allows LACASHA to bolster renter protections and create and preserve new housing, specifically by granting vast, unchecked, bonding and taxing authority to an Agency Board and establishes new and funding "affordable housing" for residents earning at or below 80% of the median income.
Residents have continually shouldered the burden of housing while waiting for the Legislature to take action on their behalf. Rather than embrace policies that are effective in other states, SB 679 worsesn the situation by expanding bureaucracy, encouraging voernments to adopt harmful economic policies, and pave the way for higher taxes.
Tell Newsom to Veto Los Angeles Housing Bureaucracy
Senate Bill 679 (Kamlager) would establish the Los Angeles County Affordable Housing Solutions Agency (LACAHSA) which would use local financing tools to fund protections for renters and the production and preservation of housing units, discouraging the production of affordable housing while passing greater costs onto consumers and businesses.
SB 679 allows LACASHA to bolster renter protections and create and preserve new housing, specifically by granting vast, unchecked, bonding and taxing authority to an Agency Board and establishes new and funding "affordable housing" for residents earning at or below 80% of the median income.
Residents have continually shouldered the burden of housing while waiting for the Legislature to take action on their behalf. Rather than embrace policies that are effective in other states, SB 679 worsesn the situation by expanding bureaucracy, encouraging voernments to adopt harmful economic policies, and pave the way for higher taxes.