It’s likely that Los Angeles voters approved two ballot questions that would earmark billions to address traffic tie-ups and homelessness, the Los Angeles Times reported.
The measures would provide funds to building many new rail lines and creating new permanent housing for the homeless. In order to become law, the two questions must be approved by a two-thirds majority. Final ballots were expected to take a few days to be counted, but it appears that the measures have been approved, the Times says.
The ambitious housing plan calls for borrowing $1.2 billion to construct homes. The money would be used to speed up construction of permanent supportive housing for chronically homeless people. Dedicated bonds would be repaid via a new property tax of about $9.64 for each $100,000 in assessed valuation each year over 29 years.
The transportation measure would raise county sales tax by a half-penny, generating about $120 billion over four decades for new highway projects, and expanded bus and rail lines, including boring rail tunnels through the Sepulveda Pass.
Related Stories
Codes and Standards | Aug 6, 2019
New technology, aligning training with local trends among keys to workforce development
Construction industry must also invest in training, recruiting high school students.
Codes and Standards | Aug 1, 2019
Planners, city official rethink parking requirements on new projects
Reducing number of parking spots frees up land for ‘more purposeful’ uses.
Codes and Standards | Jul 31, 2019
USGBC-LA chooses first ‘Net Zero Accelerator’ technologies
Wide range of solutions address numerous environmental challenges.
Codes and Standards | Jul 30, 2019
Solar brokerage will provide financing for small/medium businesses
First to fund solar for smaller-scale commercial operations.
Codes and Standards | Jul 29, 2019
ASCE group unveils structural safety database
Confidential reporting on structural failures, near misses, and other incidents.
Codes and Standards | Jul 26, 2019
Floating landscape infrastructure wins top ASCE innovation prize
Climate resiliency a key theme of entrants.
Codes and Standards | Jul 24, 2019
New York making slow progress on resiliency seven years after Hurricane Sandy
Property owners face many challenges; coastal defense project plans are complex and need more time to plan.
Codes and Standards | Jul 23, 2019
Berkeley, Calif. passes nation’s first ordinance to make new buildings all-electric
No gas hook-ups will be allowed in new houses, apartments, and commercial buildings.
Codes and Standards | Jul 22, 2019
San Francisco office building is city’s first structure certified by BREEAM USA for existing buildings
The Landmark @ One Market is one of San Francisco’s most architecturally distinctive buildings.
Codes and Standards | Jul 16, 2019
ASCE seeks comments on update to Calculation Methods for Structural Fire Protection standard
Pertains to fire resistance rating times.