LA Left $500M Unspent on Homelessness, Despite $1.3B Budget
Venice Beach News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Los Angeles left $500 million unspent from its $1.3 billion homelessness budget in FY 2024-2025, due to delays in affordable housing projects, contract holdups, and lack of central oversight. City Controller Kenneth Mejia urges leaders to budget only what can be spent soon and track spending more clearly. Mayor Karen Bass and council members like Nithya Raman express concerns over repeated shortfalls, as the city aims to turn those dollars into real housing and services without further delays.
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