Which Way, L.A.?
Measure H: Affordable Housing General Obligation Bonds
It takes a salary of $100,000 to buy a median-priced home in Los Angeles and supporters of Measure H say that's out of reach for teachers, construction workers and nurses. Measure H would permit the city to issue $1 billion in bonds to provide 10,000 new homes and rental units from the Affordable Housing Trust Fund . Is Measure H a $1…
By Warren Olney • • 1 min readIt takes a salary of $100,000 to buy a median-priced home in Los Angeles and supporters of Measure H say that's out of reach for teachers, construction workers and nurses. Measure H would permit the city to issue $1 billion in bonds to provide 10,000 new homes and rental units from the Affordable Housing Trust Fund. Is Measure H a $1 billion gift to developers?
