**Study Finds LA Housing Agency Can Unlock $2.5 Billion for Affordable Housing**
A new study commissioned by the Los Angeles Business Council Institute reveals that market-driven strategies, when combined with new public funding sources, private investment, and philanthropic contributions, could generate up to $2.5 billion over the next decade to support affordable housing development and preservation across Los Angeles County.
The report, conducted by researchers from the Terner Center for Housing Innovation at UC Berkeley and Forsyth Street Advisors, sets out a strategic roadmap for the Los Angeles County Affordable Housing Solutions Agency (LACAHSA). It outlines how the agency can attract new streams of private capital to complement the significant public funds generated annually by Measure A, which is dedicated to affordable housing initiatives.
“The combination of a new permanent public funding source and an agency charged with a central role in allocating and administering those funds will reshape affordable housing finance in one of the nation’s largest and neediest housing markets,” the report states.
Titled *Scaling LACAHSA: Proven Models for Maximizing Affordable Housing Production and Preservation*, the study emphasizes the potential of coordinated investments—pairing public resources with programmatic funding from private investors and philanthropic foundations. It points to successful examples from other jurisdictions where collaborative funding models have brought transformative impacts to housing development.
LACAHSA’s formation and access to a stable stream of sales tax revenue provide a promising opportunity for large-scale progress in addressing one of the region’s most pressing challenges: the shortage of affordable housing.
