Council passes Measure ULA programs to increase renter protections
The Los Angeles City Council Monday approved final guidelines for the expansion Measure ULA programs in a 12-0 decision. Council members Traci Park and Monica Rodriguez were not present during the vote. An amendment introduced by Councilman Bob Blumenfeld was also passed. The amendment requests a report on the ways in which the city might lighten the financial burden on nonprofits which build or acquire affordable housing for seniors. Measure ULA was approved by voters in a ballot initiative April 2023. The bill places a so-called “mansion tax” on the sale of properties over $5 million. Funds raised are meant