Los Angeles plans $360 million in affordable housing funded by mansion tax Los Angeles Mayor Karen Bass, along with City Councilmember Ysabel Jurado, has proposed allocating over $360 million to developers and nonprofits to build and preserve affordable housing across the city. The plan, pending City Council approval, aims to support 80 projects, which include constructing 1,528 new units and renovating more than 2,500 existing units. The funding comes primarily from the city's United to House L.A. tax, commonly known as the 'mansion tax,' which taxes high-value property sales. Since its introduction in 2022, this tax has generated over $1.1 billion, though much of it has not yet been spent due to legal concerns. This initiative follows prior spending plans of $150 million in 2023 and $425 million in 2025. Among the funded projects is a 100-unit housing development near Crypto.com Arena. Additionally, Bass and Jurado announced a $14 million Emergency Income Support Program, which will provide financial assistance to qualifying households experiencing rent burden, with aid amounts ranging from $12,500 to $19,000 depending on household size. The dual approach of direct housing support and financial assistance is intended to prevent homelessness and increase the supply of affordable housing. These efforts are highlighted in the context of Bass's reelection campaign, where housing affordability remains a key issue.

Los Angeles plans $360 million in affordable housing funded by mansion tax

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#affordablehousing #mansiontax #losangeles

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Don’t miss our Measure ULA meeting tonight! Scott is going to talk to us about ULA reform!
7pm on Zoom tonight!
actionnetwork.org/events/webin...

#ula #measureula #housing #policyreform #yimby #prohomes #mansiontax #webinar #losangeles #lacounty #ahla

Rachel Reeves’ ‘mansion tax’ to hit about 160,000 homes, says fiscal watchdog OBR analysis estimates one-fifth of affected property owners will appeal revaluations

Mansion tax - www.ft.com/content/5f80... #MansionTax #property #finance

Where does the "Mansion Tax" go from here? 🏠🏛️
Join us for an essential briefing. We’ll dive into the history of Measure ULA and discuss what the coming months mean for our mission of housing abundance.

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#MeasureULA #MansionTax #BuildMoreHomes

@scottishgreens.org secure taxes on super-rich to fund #schools and #childcare
Greens secured a #PrivateJetTax, a #MansionTax and an end to tax breaks for #ShootingEstates

Follow @ross-greer.bsky.social & @gillianmacmsp.bsky.social

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@ross-greer.bsky.social I am calling once again on the Scottish Government to introduce the #ScottishGreens’ #MansionTax proposal. The money it raises would give our communities the support and care they deserve

greens.scot/news/scotlan...

#MansionTax? No need: just tax #PropertySpeculators "Until the pips squeak"*, and save us the bother of throwing them all into labour camps**, when the revolution comes.
* Dennis Healey?
**Other, more dynamic, solutions are available...

Scottish Greens demand mansion tax SCOTTISH Greens have demanded a mansion tax to help raise more than £125 million for local services including schools and social care.The suggestion was made by Scottish Green co-leader Ross Greer dur...

@ross-greer.bsky.social said:
Every day in school children with additional support needs are being failed at school by the near-total lack of specialist staff

More than 10,000 children will spend this #Christmas in temporary accommodation

#MansionTax

morningstaronline.co.uk/article/scot...

@scottishgreens.org Co-Leader @ross-greer.bsky.social has urged the #FirstMinister to introduce a Scottish #MansionTax that would raise over £125 million for local services including #schools and #SocialCare

greens.scot/news/greens-...

Bishops take Government to task on mansion tax, church repairs, and SEND funding in Budget debate Bishops of Manchester and Portsmouth commend lifting of two-child benefit cap

Few parishes will be able to pay the so-called “mansion tax”, and dioceses will not be able to absorb the cost, @bishmanchester.bsky.social warned on Thursday, during a House of Lords debate on the Autumn #Budget. #mansiontax #HouseofLords #Budget2025

20,000 homes in Croydon to be hit by Reeves’s ‘mansion tax’ What parts of Croydon are likely to be hit by the ‘mansion tax’? Our housing correspondent, BARRATT HOLMES, peers through the estate agents’ window… Pearls were being well a…

This week's top posts: 20,000 homes in Croydon to be hit by Reeves's 'mansion tax' insidecroydon.com/2025/12/04/2... #Croydon #MansionTax @insidehousing.bsky.social

20,000 homes in Croydon to be hit by Reeves’s ‘mansion tax’ What parts of Croydon are likely to be hit by the ‘mansion tax’? Our housing correspondent, BARRATT HOLMES, peers through the estate agents’ window… Pearls were being well a…

20,000 homes in Croydon to be hit by Reeves's 'mansion tax' insidecroydon.com/2025/12/04/2... #Croydon #MansionTax #AddingtonHills #SouthCroydon

MSN

#MansionTax
www.msn.com/en-gb/money/...

Their screams are like music to my audio receptors #mansiontax

Labour wants to use satellites and “Big Brother” tech to spy on homes for their mansion tax.

Privacy concerns aside, this is just the start of treating citizens as revenue streams, not people.

#UKPolitics #MansionTax #BigBrother #LabourBudget

Christian Adams @Adamstoon1 on #RachelReeves #MansionTax #Tax #Budget @Telegraph – political cartoon gallery in London original-political-cartoon.com

Matt @MattCartoonist on the #MansionTax @Telegraph – political cartoon gallery in London original-political-cartoon.com

Christian Adams @Adamstoon1 on #RachelReeves #MansionTax #Tax #Budget @Telegraph – political cartoon gallery in London original-political-cartoon.com

‘Yeah, the #MansionTax is attacking hardworking people. Take it from those nurses, teachers and bus drivers instead!’
8am 29 Nov
#MyFaceBookFeed
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Paul’s retirement plans are in disarray apparently because of the #MansionTax. 7am 29 Nov
#MyFaceBookFeed
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The advice given by those who already had a home of their own to those who were struggling to get a deposit big enough to get a mortgage themselves…
#MansionTax

Will the mansion tax hurt prime property prices? - Spear's Will the mansion tax hurt prime property prices? Experts have raised concerns over the workings of the new levy on high-value homes, revealed in Wednesday's Budget

Will the mansion tax hurt prime property prices? - spearswms.com/property/wil... #PrimeProperty #MansionTax

Bugsy Church humour from the cartoonist Bugsy

Our cartoon this week is by Bugsy #MansionTax

John O'Connell @jdpoc If you are wondering how to afford the #MansionTax on your £2m property, the answer is easy. People who own these properties have quoted the answer to the very poor for years. So, I quote it back to them. - “Buy fewer lattes.” - “Cancel the Netflix.” - “Go skiing a bit less.”

@jdpoc.bsky.social on X

"If you are wondering how to afford the #MansionTax on your £2m property, the answer is easy."

🏘️ #Budget2025 #MansionTax

The new brag. How much their house value has dropped.

#mansiontax

Small violin for this bloke. #MansionTax

They are probably furious about the £7500 #mansiontax that none of their gammon audience will ever pay #GBNews

Wonder how many #r4today presenters affected by this surcharge...
#mansiontax