Los Angeles
Friday, 6/26, 09:31 PM
LA commits mansion-tax millions to housing as repeal fight looms
- Los Angeles has moved hundreds of millions of dollars in 'mansion tax' revenue into affordable housing and tenant protections — about $544 million in all, the Los Angeles Times reported — even as the City Council edges toward putting changes to the tax before voters and a statewide measure threatens to wipe it out entirely.