Committee authorizes $20 million temporary loan from housing impact trust fund
December 04, 2025 | Los Angeles City, Los Angeles County, California
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The committee convened a special meeting and approved two items, including a temporary loan of $20,000,000 from the Housing Impact Trust Fund.
The loan item was read into the record as a recommendation to authorize a $20,000,000 temporary loan from the impact trust fund to be used for HHH projects and related matters. The committee took a roll call and approved the loan authorization by a 4–0 vote.
The special meeting also approved a facilities committee report concerning child-care services at a vacant city site on North Highland Avenue (District 4). The committee adjourned the special meeting after the votes.
The loan item was read into the record as a recommendation to authorize a $20,000,000 temporary loan from the impact trust fund to be used for HHH projects and related matters. The committee took a roll call and approved the loan authorization by a 4–0 vote.
The special meeting also approved a facilities committee report concerning child-care services at a vacant city site on North Highland Avenue (District 4). The committee adjourned the special meeting after the votes.
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