Los Angeles Mayor Antonio Villaraigosa on Monday unveils a $5-billion, five-year plan to build housing that is affordable for working families in Los Angeles. The blueprint, which calls for thousands of new homes along subway and bus lines, and developments with people of all incomes living together.
Key Strategies
Housing That Works takes clear and concrete steps to house the homeless, restore dignity to our workers, and build and sustain a thriving middle class. Over the next five years, LA's leaders will implement a comprehensive set of strategies designed to address our housing crisis. We will:
• Invest $5 billion in affordable housing by marshaling our resources, leveraging City funds, and building public/private partnerships.
• Build and preserve homes for working people by adding housing for families across all income levels, creating 20 sustainable transit communities, and adopting a citywide mixed-income housing ordinance.
• Shift our strategy from managing homelessness to moving people out of it by building permanent supportive housing where homeless men, women, and families are connected to social services, expanding Section 8 vouchers for the chronically homeless, and developing plans to transform public housing sites into vibrant mixed-income communities.
• Protect and preserve our homes and neighborhoods by launching the Neighborhood Stabilization Initiative to address the foreclosure crisis, expanding workforce housing, protecting affordability agreements set to expire, establishing long-term covenants to preserve affordable housing units downtown, and educating Angelenos about their rights and responsibilities as landlords and tenants.
To download the Mayors' Housing Plan, see the links below:
