T
he Los Angeles City Council has approved a $425 million spending plan for affordable housing and homelessness programs, using funds collected from Measure ULA. This is the largest allocation yet under the voter-approved measure, which taxes property sales above $5 million. Critics have long argued that the tax hurts property sales and reduces revenue, but supporters say it provides crucial funding for affordable housing and homelessness prevention at a time when state and county funding has been cut.

    The 2025 spending plan is the largest to date, exceeding the combined total of previous years. According to Joe Donlin, director of United to House LA, "Measure ULA is doing the steady work to create stable homes and good jobs for Angelenos." The plan allocates over $100 million to homelessness prevention programs, including income support and eviction defense, while more than $288 million will be spent on producing and preserving affordable housing. Since its passage in 2022, Measure ULA has collected over $702 million, according to the city's Housing Department.