Last week, Los Angeles City Council President Herb Wesson delivered a speech to his colleagues and the City, laying out his priorities for the year ahead. The Chamber is proud to be a partner on one of his biggest initiatives, the formation of a new commission to recommend strategies for building more affordable housing in L.A. Council President Wesson named the L.A. County Federation of Labor as another partner, and we will work together with Labor and other community leaders to assemble the best data and recommendations to make it easier and less expensive to build the housing our city desperately needs.
Earlier this summer, the Chamber was a co-convenor of a pro-housing conference that brought together 80 community leaders from different perspectives for a productive dialogue. Building on the diverse coalitions forged to oppose Measure S and support Proposition HHH and Measure H, we joined with the United Way of Greater Los Angeles, the California Community Foundation, the Weingart Foundation, Southern California Associations of Non-Profit Housing, the Urban Land Institute, the Natural Resources Defense Council, the UCLA Ziman Center for Real Estate, the UCLA Lewis Center, USC Lusk Center for Real Estate, Liner LLP, the Beverly Hills & Greater Los Angeles Association of Realtors, American Planning Association – California Chapter, Pepperdine Fred Sands Institute, LAplus and Abundant Housing LA to begin developing areas of consensus when recommending strategies for the construction of the housing that L.A. needs.
The Los Angeles Times recently editorialized that "if California leaders are serious about ending the state's housing crisis, every possible solution should be on the table." Thank you to Council President Wesson for taking steps to build that same sense of urgency at the L.A. City Council.
And that's The Business Perspective.
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