Affordable Housing Trust Fund In So. CA

With 4,000 new housing units needed yearly to meet the demand, the $100 million trust fund is hailed for Los Angeles.

1 minute read

January 21, 2002, 1:00 PM PST

The money for the $100 million trust for affordable housing will come from various sources including a portion of the tobacco settlement to CA, an increased share of vehicle license fees, the CRA and federal development block grants. Similar trust funds have been set up in Sacramento, Palo Alto, Seattle, Chicago and Boston.

Thanks to Gwenn Hilburn

FULL STORY: Hahn Plans Trust Fund for Affordable Housing

Thursday, January 17, 2002 in The Los Angeles Times

Housing United States

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