News

Los Angeles's Measure ULA property transfer tax generated $54.1 million in January 2025—the highest monthly revenue since its ...
As more than a billion dollars pours in annually from two new homelessness taxes, a raft of new oversight agencies has been ...
In the first three months of 2025, the city of Los Angeles approved building permits for 57% fewer new homes than a year ...
L.A. Mayor Karen Bass’ proposed drastic cuts to city services has stoked a conversation about the city’s budgeting priorities ...
A UCLA report found that multifamily permitting in Los Angeles fell 18 percent after the implementation of Measure ULA, resulting in 1,910 fewer apartments in projects of 20 or more units.
But several non-budget-related measures that voters passed recently (Measures ULA, a tax to fund affordable housing and HLA, a street improvement law) started out with signatures. According to the ...
Just up the road, San Francisco is undergoing a civic revival. New leadership has embraced pragmatic policies, tough love, ...
City of Los Angeles voters approved a similar ballot measure, Measure ULA, in 2022, that imposes a tax on property sales over $5 million. Since it went into effect in April 2023, the measure has ...
A study released earlier this month by UCLA and Rand said Measure ULA, a voter-approved property transfer tax that went into effect in 2023, has contributed to a drop-off in apartment construction ...
Voters accepted the deal, and this year, $1.5 billion or more from the two measures — ULA and A — will be flowing in orders of magnitude more than the previous ones. One consequence of the ...
Voters accepted the deal, and this year, $1.5 billion or more from the two measures — ULA and A — will be flowing in orders of magnitude more than the previous ones. One consequence of the ...