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Voters nearly had a chance to gut the 'mansion tax.' Now, L.A. approves $544 million in spending - Los Angeles Times

L.A. City Council has approved a $544-million spending plan for Measure ULA funds during the 2026 fiscal year, including $381 million for affordable housing initiatives and $163.3 million for homelessness prevention programs.

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https://www.latimes.com/california/story/2026-06-17/effort-to-exempt-new-apartment-buildings-in-la-from-mansion-tax-moves-forward

Effort to exempt new apartment buildings in L.A. from 'mansion tax' moves forward - Los Angeles Times

https://www.latimes.com/california/story/2026-06-17/effort-to-exempt-new-apartment-buildings-in-la-from-mansion-tax-moves-forward