L.A.'s New Tool for More Efficient City Asset Management

Controller Ron Galperin on his latest announcement proposing the creation of the Los Angeles Municipal Development Corporation, a nonprofit entity that would be tasked with managing city assets in a more strategic way.

1 minute read

September 16, 2019, 11:00 AM PDT

By Clare Letmon


Los Angeles City Hall

Anton_Ivanov / Shutterstock

The Los Angeles City Controller’s office recently released an updated version of its online government asset mapping tool, Property Panel, which identifies all publicly-owned properties in the city of Los Angeles. The Planning Report spoke with Controller Ron Galperin on his latest announcement proposing the creation of the Los Angeles Municipal Development Corporation, a nonprofit entity that would be tasked with managing identified assets in a more strategic way.

Galperin highlights opportunities for the city to put underutilized assets to work while meeting the service needs of communities across LA, commenting: 

"It has been my interest to see how we can best leverage and manage these city assets, and how we take a necessary and holistic look to accomplish important city goals whether it’s about low-income, senior, and homeless housing, open space, or projects that can generate a revenue source that can help fund the many things that we want to get done in the city of LA."

Read the full interview at The Planning Report:

Tuesday, September 3, 2019 in The Planning Report

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