A high-rise residential building, paid for entirely by taxpayer dollars, opened its doors to the homeless population of downtown Los Angeles, California on Wednesday. The opening was accompanied by a grand ceremony attended by local politicians, including LA Mayor Karen Bass.
The construction project cost taxpayers $165 million and was financed by Proposition HHH, a policy voted into law in 2016 by local voters in an overwhelming majority. It also received $56 million in state tax credits as well as funds from the state’s housing program, also funded by taxpayer dollars.
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Containing 278 units across 19 stories, the “Weingart Tower” will be housing the homeless of Skid Row. It will be the largest permanent public housing project in the city.
It will have a full floor for social workers and is outfitted with a gym, art rooms, a library, a computer lab, six balconies, and a café.
Despite the fact that the building is considered “affordable housing,” the apartments cost almost $600,000 a unit.
Shane Devine is a writer covering politics and business for VT and a regular guest on The Unusual Suspects. Follow Shane’s work here.
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