According to the @LAcontroller, this one-bedroom unit cost $549,501 to build. It costs more than a luxury condo, but does it look like a luxury condo? Taxpayers deserve better.https://twitter.com/MayorOfLA/status/1214295354490834944 …
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do you have a link to the source for that 549k number?
Absolutely, Mike, page 64 of the Controller's report "The High Cost of Homeless Housing": https://lacontroller.org/wp-content/uploads/2019/10/The-High-Cost-of-Homeless-Housing_Review-of-Prop-HHH_10.8.19.pdf ….
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Thanks! Has the LA Mayor or city council acted on the Controller's recommendation to reallocate money from high-price projects to lower priced ones?
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Not to my knowledge. Last time I checked, almost all of the $1.2 billion in Prop HHH funding has already been allocated.
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