LOS ANGELES—A group of labor unions and affordable housing advocates have proposed an initiative to appear on the November 2022 ballot that would tax property sales of more than $5 million in Los Angeles to fund permanent supportive housing units for the city’s homeless population.
The local initiative—United to House L.A.—would implement a 4 percent tax on property sales of more than $5 million and 5.5 percent on sales of more than $10 million. The Alliance for Community Transit-Los Angeles (ACT-LA) is leading the effort, alongside organizations such as IBEW Local 11, Venice Community Housing, Move LA, and Renters’ Right to Counsel.