The measure specifies that 60% of the proceeds would go to the county for homeless providers. Of that, at the very least 15% could be allotted to cities, councils of presidency and unincorporated areas primarily based on the annual point-in-time homeless depend carried out by the Los Angeles Homeless Providers Authority. A minimum of 1.65% would go to an innovation fund to check new concepts for future, larger-scale packages.
The remaining 40% would largely be devoted to housing manufacturing. The biggest chunk, 35.75%, would go to the newly fashioned Los Angeles County Reasonably priced Housing Options Company to fund the event of inexpensive housing. The Los Angeles County Growth Authority would obtain 3%, and 1.25% could be put aside for accountability, information and analysis.
