A Los Angeles audit finds that a $1.2 billion program intended to quickly build housing for the city's homeless residents is moving too slowly, and costs are climbing.
Los Angeles city councilmember Paul Krekorian, right, walks past tents where people are living as he walks with staff member Karo Torossian during an official homeless count Tuesday, Feb. 22, 2022, in the North Hollywood section of Los Angeles. Los Angeles County has resumed its annual homeless count in full a year after it was limited over concerns that it couldn't be done safely or accurately during the coronavirus pandemic. – A $1.
The program “is still unable to meet the demands of the homelessness crisis,” Galperin said in a letter accompanying the 31-page report. The pace of development is sluggish, he said, while the cost of each unit continues to rise -- in some cases to “staggering heights.”Most of the units are studios or one-bedroom apartments. The audit found 14% of the units build exceeded $700,000 each, and one project in pre-development is estimated to cost almost $837,000 per unit.
The program “is producing more units than promised, at a lower cost than expected,” Garcetti wrote. “There are already 1,200 units online providing critical housing and services. And HHH will deliver over 10,300 units of supportive and affordable housing by 2026.” Garcetti, who was nominated last year by President Joe Biden to become ambassador to India, is in the final year of his second term. He is barred by term limits from running for re-election.
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