Did you know that California has an infrastructure bank (IBank)? Well we do, and it could be among the most valuable tools to ensure an equitable recovery from pandemic-related economic devastation.
Assembly Bill 310 would make IBank a public bank and enact key changes that would maximize its potential for the people of California. Not only would it provide life-saving loans for small businesses, but it would also mean a big boost for affordable housing by:
Buying up municipal debt, reducing cities’ borrowing costs and freeing up funds in the city budget for other priorities (like affordable housing).
Issuing bonds that would finance affordable housing production directly.
We’re joining our partner organizations in making calls and writing letters to Sacramento saying YES to a more equitable recovery for California. You should join us.
It’s nearly here! On Thursday we’re holding our Friends of the Purple Line Plan launch party. We’re talking about our plan for a reimagined and more inclusive Westside. Click here to learn more and sign up to join us!
FYI: Revisiting Abundant Housing LA’s Policy Agenda in 2020
The times they are a’changin. But our commitment to an equitable LA remains. Read up on how our fight—yours and ours—is actually at the heart of racial justice.
The Purple Line and The Missing Middle
What even is “missing middle housing”? Find out, and learn how our Friends of the Purple Line Plan may be the answer to many of LA’s ills.
Upcoming Events:
County Community Workshop The LA County Department of Regional Planning is holding a community workshop to discuss the Housing Element update for 2021-2029 General Plan. Thursday,July 30th, 6-7:30pm.