Housing
Problem: Families should be able to stay and raise their families right here in CA37 with their friends and neighbors. But LA permitted just 17,000 new housing units in 2024, far short of the state-mandated goal of 57,000 units per year.
Action: We need to build more and build faster. Here’s what I will do:
Break up corporate hoarding. Target Wall Street hedge funds and other corporate entities with antitrust rules or tax penalties if they exceed maximum ownership allowances.
Impose a vacancy surcharge tax on units left empty by corporate owners.
Fast-track housing approvals using by-right zoning by tying federal infrastructure and housing dollars to streamlined permitting.
Legalize tiny homes. Reduce minimum lot sizes by conditioning federal funding on relaxing zoning rules for more homes and sustainability.