Wednesday, January 3, 2018

Top 10 Reasons Los Angeles Homelessness Will Soar Again in 2018

   1) Average cost to build a SINGLE UNIT of “supportive housing” for L.A.’s homeless: $421,433

   2) Cost to BUY a 1-bedroom CONDO in Westlake, or a 4-bedroom HOME in Riverside: $421,000

   3) Number of homeless units built under Mayor Garcetti with $1.2 billion in HHH bonds: ZERO

   4) Cash spent by developers in 2017 to influence the City Council, mayor & officials to build MORE luxury housing: $4.8 million

   5) Skid Row’s average rent after the City Council gentrified the area for urban hipsters: $1,900/mo.

  6) Of 20 new residential towers slated for South Park DTLA, number that offer affordable units – TWO

  7) Affordable units planned for Westfield Promenade’s 1,400-unit mega-project in the Valley:  ZERO

  8) Number of households evicted by L.A. landlords so they could  jack up rents in 2017: 1,200

  9) Number of affordable bungalows & units razed by L.A. developers in 2017: “City Hall doesn’t keep track.” 

 10) Number of toilets Garcetti opened for 1,800 homeless people on Skid Row in 2017:  EIGHT 

Source: The Coalition to Preseve LA