A $50 Million Commitment By L.A.’s Mayor

Most of the local papers are reporting today that Los Angeles Mayor Villaraigosa is committing $50 million to service-enriched housing for the homeless. These funds will be added to the L.A. Housing Trust Fund. This fund was created by former Mayor Hahn, who promised a $100 million fund. It had only reached $50 million, until Mayor Villaraigosa’s pledge yesterday to double the amount to $100 million.

The mayor will be talking about this new commitment today at the Mayoral Housing Summit.

Earlier this year, the County of Los Angeles committed $24 million for new homeless services. The commitment of nearly $75 million to serve and house the homeless is an exciting new step forward in the campaign to end homelessness in Los Angeles.

The big question now is… how will they spend this money? Will it be strategically used to help reduce the number of people on the streets? Let’s see what happens.

Here is the LA Times article.

Here is the Daily Breeze article.