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The Los Angeles City Council on Tuesday approved a spending plan for Measure ULA, the so-called mansion tax, directing nearly ...
As more details emerge about Measure ULA, legal experts warn its strict rules are stalling housing in Los Angeles. Attorney Keith Fromm, representing plaintiffs in an ongoing lawsuit, says ULA's ...
A report from researchers at UCLA and the think tank Rand found that Measure ULA, a Los Angeles tax on property sales, is reducing apartment construction by nearly 2,000 units annually and in the ...
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Mansion Tax Hits Another Roadblock. Key Funding and Legal ... - MSN
As more details emerge about Measure ULA, legal experts warn its strict rules are stalling housing in Los Angeles. Attorney Keith Fromm, representing plaintiffs in an ongoing lawsuit, says ULA's ...
Los Angeles's Measure ULA property transfer tax generated $54.1 million in January 2025—the highest monthly revenue since its launch. Despite raising over $632 million across 939 transactions ...
Since Measure ULA was enacted two years ago, permitting for new multifamily projects in the city fell 18 percent in the first year, resulting in 1,910 fewer apartments in projects of 20 or more ...
These are "conservative estimates," the report's authors wrote. Measure ULA adds a 4% charge on LA property sales over $5M and a 5.5% charge on sales above $10M. It went into effect in April 2023.
Maria Briones, a resident in Los Angeles who said she would benefit from Measure ULA-funded programs, speaks during a rally and press conference outside Los Angeles City Hall on Tuesday, Aug. 29 ...
Maria Briones, a resident in Los Angeles who said she would benefit from Measure ULA-funded programs, speaks during a rally and press conference outside Los Angeles City Hall on Tuesday, Aug. 29 ...
Proponents of the measure estimated that ULA would raise $600 million to $1.1 billion annually. However, the tax take has fallen far short of projections, bringing in just $173.6 million in its ...
Proponents of the measure estimated that ULA would raise $600 million to $1.1 billion annually. However, the tax take has fallen far short of projections, bringing in just $173.6 million in its ...
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