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LA City Council Reviews Measure ULA

Published 2 weeks, 5 days ago
Description

Los Angeles City Council forms committee to review Measure ULA, a voter-approved real estate transfer tax funding housing and homelessness programs. The group will examine related city issues and potentially suggest changes for the November 2026 ballot. Council members express mixed views, with some emphasizing voter intent and others addressing issues like taxing new affordable housing builds. Housing advocates support a thorough review based on data, while critics argue the tax has slowed big property deals and hurt housing development. The committee must report back by April 30th, amid a broader push for a statewide ballot measure to limit local taxes.

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