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SCALING UP Equitable Housing on public land in Los Angeles

A plan to build 10,000 units of housing on public land in Los Angeles

A plan to build 10,000 units of housing on public land in Los Angeles

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Create a Partnership for <str<strong>on</strong>g>Equitable</str<strong>on</strong>g> Development<br />

The Scale Up <str<strong>on</strong>g>Equitable</str<strong>on</strong>g> <str<strong>on</strong>g>Hous<strong>in</strong>g</str<strong>on</strong>g> <strong>on</strong> Public Land plan prioritizes <strong>in</strong>teragency partnerships.<br />

Last Year, Mayor Garcetti’s hous<strong>in</strong>g and transportati<strong>on</strong> deputies helped HCIDLA and LADOT to develop an<br />

<strong>in</strong>ter-agency agreement to build affordable hous<strong>in</strong>g that created a framework for build<strong>in</strong>g hous<strong>in</strong>g <strong>on</strong><br />

<strong>public</strong> park<strong>in</strong>g lots all over the City. This type of <strong>in</strong>teragency partnership could be expanded to other City<br />

departments to the entire regi<strong>on</strong>. To advance this effort, the project team brought <strong>on</strong> The Praxis<br />

Development Group, to help identify partnership opportunities and to aid <strong>in</strong> structur<strong>in</strong>g <strong>in</strong>teragency<br />

partnerships agreements.<br />

The creati<strong>on</strong> of a Regi<strong>on</strong>al Partnership for <str<strong>on</strong>g>Equitable</str<strong>on</strong>g> Development could be a major driver for scal<strong>in</strong>g<br />

affordable hous<strong>in</strong>g soluti<strong>on</strong>s. A s<strong>in</strong>gle purpose entity with the authority to assemble <strong>land</strong>, clear sites, secure<br />

entitlements, issue requests for proposals, and enter <strong>in</strong>to purchase c<strong>on</strong>tracts for scaled hous<strong>in</strong>g<br />

development could br<strong>in</strong>g multiple <strong>public</strong> sector partners <strong>in</strong>to alignment. A jo<strong>in</strong>t powers authority that<br />

<strong>in</strong>cludes large jurisdicti<strong>on</strong>s and <strong>public</strong> agencies such as the City of <strong>Los</strong> <strong>Angeles</strong>, <strong>Los</strong> <strong>Angeles</strong> County, the City<br />

and County <str<strong>on</strong>g>Hous<strong>in</strong>g</str<strong>on</strong>g> Authorities, LA Unified School District, Community College District, and Metro could<br />

assert tremendous purchas<strong>in</strong>g power <strong>in</strong> the hous<strong>in</strong>g c<strong>on</strong>structi<strong>on</strong> and f<strong>in</strong>ancial markets.<br />

To be successful, the entity created to do the <strong>land</strong> assembly work <strong>on</strong> behalf of the regi<strong>on</strong>al partnership<br />

would need to be nimble, entrepreneurial, and trusted. The partnership members would need to have an<br />

aligned missi<strong>on</strong>, and the <strong>land</strong> development entity would need to build alliances with larger <strong>public</strong> sector<br />

bureaucracies and understand how to add value to their <strong>in</strong>stituti<strong>on</strong>al plan.<br />

California Law encourages this type of collaborati<strong>on</strong> through the creati<strong>on</strong> of Tax Increment F<strong>in</strong>anc<strong>in</strong>g “TIF”<br />

districts 6 such as Enhanced Infrastructure F<strong>in</strong>anc<strong>in</strong>g Districts (EIFD), Community Revitalizati<strong>on</strong> and<br />

Investment Authorities (CRIA), which mandate multiple local agencies (cities, counties & special districts)<br />

to cooperate <strong>in</strong> order use regi<strong>on</strong>al and state-authorized f<strong>in</strong>anc<strong>in</strong>g programs to fund <strong>in</strong>frastructure and<br />

hous<strong>in</strong>g.<br />

S<str<strong>on</strong>g>UP</str<strong>on</strong>g>PORT THE FORMATION OF AN EIFD OR CRIA<br />

Resoluti<strong>on</strong>: Busca<strong>in</strong>o, O’Farrell, B<strong>on</strong><strong>in</strong> Approved <strong>in</strong> Committee Mar 17, 2021<br />

Council File#: 21-0002-S49<br />

NOW, THEREFORE, BE IT RESOLVED, with the c<strong>on</strong>currence of the Mayor, that by the adopti<strong>on</strong> of this<br />

Resoluti<strong>on</strong>, the City of <strong>Los</strong> <strong>Angeles</strong> hereby <strong>in</strong>cludes <strong>in</strong> its 2021-2022 State Legislative Program S<str<strong>on</strong>g>UP</str<strong>on</strong>g>PORT for<br />

legislati<strong>on</strong> or adm<strong>in</strong>istrative acti<strong>on</strong> which would allow Enhanced Infrastructure F<strong>in</strong>anc<strong>in</strong>g District (EIFD) and<br />

Community Revitalizati<strong>on</strong> and Investment Authority (CRIA) board members to designate alternates.<br />

6<br />

Several types of TIF districts have been enabled through legislati<strong>on</strong> for f<strong>in</strong>anc<strong>in</strong>g hous<strong>in</strong>g and <strong>in</strong>frastructure. These <strong>in</strong>clude<br />

Enhanced Infrastructure F<strong>in</strong>anc<strong>in</strong>g Districts (EIFD), Community Revitalizati<strong>on</strong> and Investment Authorities (CRIA), and Affordable<br />

<str<strong>on</strong>g>Hous<strong>in</strong>g</str<strong>on</strong>g> Authorities (AHA).<br />

11

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