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CA bill to let LA buy fire-destroyed lots for low-income housing

LOS ANGELES COUNTY, CALIFORNIA, JUL 15 – The bill mandates at least 40% of funds be used for low-income housing on wildfire-destroyed lots, supported by $101 million from Governor Newsom for multifamily projects.

  • The California Senate approved Senate Bill 549, which enables Los Angeles County to allocate property tax revenues toward Resilient Rebuilding Authorities tasked with wildfire recovery efforts, including dedicating at least 40% of funds to developing low-income housing.
  • This bill follows several destructive wildfires in 2025 that damaged over 16,000 structures and severe delays in rebuilding due to permitting and material costs.
  • Resilient Rebuilding Authorities will oversee construction, bulk purchase lots and materials, and direct at least 40% of funding to low-income housing development.
  • Governor Gavin Newsom announced a $101 million investment to support the development of multifamily affordable housing in wildfire-impacted areas, offering loans of up to $450,000 and grants as high as $90,000 per housing unit.
  • This legislation and funding aim to accelerate rebuilding while addressing the housing crisis amid rising construction costs and slow approval processes in Los Angeles County.
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CA bill to let LA buy fire-destroyed lots for low-income housing

(The Center Square) - The California Senate passed a bill to allow Los Angeles County and other municipalities to use property taxes to fund “Resilient Rebuilding Authorities" that would have to use at least 40% of their funding for building…

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Just the News broke the news in Washington, United States on Monday, July 14, 2025.
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