City to deploy $425M of “mansion tax” money in record spending plan

The Los Angeles City Council approved a plan to bolster affordable housing efforts and homelessness programs with “mansion tax” money.  The council gave the green light Tuesday to spend nearly $425 million collected from Measure ULA, known as the mansion tax, on affordable housing and homelessness programs, the Los Angeles Times reported.  The spending plan […]

This article originally appeared on The Real Deal. Click here to read the full story.