How L.A. County Is Cutting the Red Tape Slowing Affordable Housing

How L.A. County Is Cutting the Red Tape Slowing Affordable Housing

The Los Angeles County Affordable Housing Solutions Agency approved its first $100 million in affordable housing construction funding — and we’re proud to have supported the effort from the beginning.

 

Over the past year, HR&A has been working alongside LACAHSA’s leadership to develop the Agency’s Expenditure Plan and Agency Strategy — designing the financing frameworks, jurisdictional coordination structures, and programmatic toolkit that position LACAHSA to deploy over $380 million annually for housing production, preservation, and renter protection across L.A. County.

 

This week’s funding approval marks a pivotal moment. The LA Times highlighted what makes LACAHSA different: by acting as a true one-stop shop, the agency can reduce development costs by as much as 12% and cut months off project timelines — translating directly into more units built faster.

 

Congratulations to LACAHSA CEO Ryan Johnson, Board Chair Mayor Rex Richardson, and the entire LACAHSA team on this milestone!

 

Read the full LA Times story here.

Read the Expenditure plan here.