LA City Council continues to convert hotels into interim housing thanks to Project Homekey
In alignment with Project Homekey, LA County's efforts to provide temporary housing pushes forward as the city uses over $68M in grant funding plus $37M in local matching funds to purchase hotels located in the Los Angeles area. In October, the city had acquired ten hotels located in the West Adams, Exposition Park, North Hills, Reseda, Westlake, El Sereno, Harbor Gateway, and Chatsworth areas. Initial planning steps were reported in September 2020 by Urbanize LA. The group shared the Los Angeles County Board of Supervisors voted towards the "acquisition and renovation" of properties through Project Homekey. "Under the rules of the Project Homekey program - which provides $600 million in grant funding for hotel purchases statewide - individual jurisdictions are required to provide local matching funds for all acquisition costs over $100,000 per unit." Los Angeles. Photo © Anthony Brown from PexelsThe county is required to complete the acquisition process of each selected hotel by D...
In alignment with Project Homekey, LA County's efforts to provide temporary housing pushes forward as the city uses over $68M in grant funding plus $37M in local matching funds to purchase hotels located in the Los Angeles area. In October, the city had acquired ten hotels located in the West Adams, Exposition Park, North Hills, Reseda, Westlake, El Sereno, Harbor Gateway, and Chatsworth areas.
Initial planning steps were reported in September 2020 by Urbanize LA. The group shared the Los Angeles County Board of Supervisors voted towards the "acquisition and renovation" of properties through Project Homekey. "Under the rules of the Project Homekey program - which provides $600 million in grant funding for hotel purchases statewide - individual jurisdictions are required to provide local matching funds for all acquisition costs over $100,000 per unit."
The county is required to complete the acquisition process of each selected hotel by D...
