LA Homebuilders Could See 0 Million From ULA Tax Haul

LA Homebuilders Could See $360 Million From ULA Tax Haul

L.A. Mayor Karen Bass and City Councilmember Ysabel Jurado have proposed allocating more than $360 million to developers and nonprofits to build and preserve affordable housing across the city. The investment that underscores the administration’s focus on... Read more »
Real Estate Missing in First Measure ULA Committee Meeting

Real Estate Missing in First Measure ULA Committee Meeting

Buckle up as the fight over Los Angeles’ so-called mansion tax gets rowdy. With Friday’s initial meeting of the city’s Ad Hoc Committee on Measure United to House Los Angeles, the three-person... Read more »
LA’s Measure ULA Ad Hoc Committee Meets to Weigh Pros, Cons

LA’s Measure ULA Ad Hoc Committee Meets to Weigh Pros, Cons

The committee formed to tackle all matters related to Measure United to House Los Angeles met for the first time on Friday in what’s shaping up to be another contentious battle over... Read more »
Ysabel Jurado to Helm Measure ULA Committee

Ysabel Jurado to Helm Measure ULA Committee

Moves to potentially amend Measure United to House L.A. will press ahead next week with an ad hoc committee helmed by Los Angeles City Councilmember Ysabel Jurado. Jurado, who represents the 14th... Read more »
LA City Council Places Measure ULA on Review

LA City Council Places Measure ULA on Review

It’s looking more likely changes to the city of Los Angeles’s Measure United to House L.A. are coming. What shape they take is unclear, but concerns about the tax’s “unintended consequences” for... Read more »
Measure ULA Subject of New City Committee

Measure ULA Subject of New City Committee

Los Angeles officials are prepared to make changes to the city’s so-called mansion tax as it launches a review that could reshape one of the region’s most controversial real estate policies. On... Read more »
Proponent of ULA rollback enters mayoral fray

Proponent of ULA rollback enters mayoral fray

Los Angeles’s mayoral race got a lot more interesting hours before the cutoff for candidates to file to run in the June primary. Prominent progressive Councilmember Nithya Raman — a member of... Read more »
Measure ULA Oversight Committee”Concerned” Over Proposed Changes

Measure ULA Oversight Committee”Concerned” Over Proposed Changes

Concern and offense were aired Thursday by members of an oversight committee following an attempt earlier this week to jam amendments to LA’s so-called mansion tax onto the June ballot. Thursday’s vote... Read more »
Measure ULA Ballot Proposal Kicked to Committee

Measure ULA Ballot Proposal Kicked to Committee

Real estate remained upbeat on a proposed ballot measure to amend the so-called mansion tax even as the Los Angeles City Council told one of its most prominent members to slow her... Read more »
Revenue from Measure ULA Passes  Billion Milestone

Revenue from Measure ULA Passes $1 Billion Milestone

Los Angeles’ Measure ULA transfer tax has crossed a significant revenue threshold.  Nearly three years after being implemented, proceeds from so-called “mansion tax” have exceeded $1 billion, Commercial Observer reported. Under the... Read more »