CA Bill to Let LA Buy Fire-Destroyed Lots for Low-Income Housing

(The Center Square) - The California Senate passed a bill to authorize a Los Angeles County “Resilient Rebuilding Authority" that could use public funds to "purchase lots at a fair price for land banking," and "create open space." The bill would also allow municipal bodies to use property taxes to fund low-income housing and public transit. Senate Bill 549 now has a hearing in the state Assembly scheduled for Wednesday. Support this podcast: https://secure.anedot.com/franklin-news-foundation/ce052532-b1e4-41c4-945c-d7ce2f52c38a?source_code=xxxxxx Read more: https://www.thecentersquare.com/california/article_861930c9-93ea-4e5c-b098-30d35fe3fa26.html