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.
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:
Read the full story: LA City Controller Ron Galperin on Optimizing City Real Estate Assets & Banking Cannabis
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