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L.A. Unified School District

If L.A. OKs a $1.2-billion bond for homeless initiatives, the city will need to up its real estate game

If L.A. OKs a $1.2-billion bond for homeless initiatives, the city will need to up its real estate game

Nearly eight years ago, Los Angeles County’s transit agency embarked on a huge construction initiative aimed at adding new subway lines, freeway lanes and light rail routes.

Before that, the Los Angeles Unified School District took on a massive plan for building dozens of elementary, middle and high schools.

Now, political leaders at Los Angeles City Hall are looking to persuade voters to approve a $1.2-billion property tax increase to pay for initiatives to help and house the homeless. If the bond measure passes, the city will find itself responsible for its own sprawling construction initiative -- this one focused on home-building for the city's...

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