Three skyscrapers in downtown Los Angeles designed to house the homeless could end up costing federal taxpayers more than $1 billion. Homeless services nonprofit Weingart Center Association is behind the three towers, which would utilize federal Section 8 Housing vouchers to repay the state and city and to fund private developer fees and investor returns over the buildings’ 55-year life, The Center Square reported. “Taxpayers are being forced to foot the bill for over $800,000 per unit for homeless housing,” Susan Shelley, vice president of communications for the Howard Jarvis Taxpayers Association, told The Center Square. “There should be an […]
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