California Senate Passes Bill To Allow LA Buy Fire Destroyed Lots For Low-Income Apartments

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by Niamh Harris, The Peoples Voice:

Another ‘conspiracy theory’ is coming true…they are coming for your land.

Lawmakers in California are set to meet on Wednesday at the State House to discuss a new law moving through the legislature that will allow Los Angeles to buy lots leveled by deadly and devastating wildfires to build low-income housing or more specifically, apartments.

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According to Yahoo News Senate Bill 549 would allow property taxes to fund what lawmakers are calling “Resilient Rebuilding Authorities” that could buy ruined land and obtain loans to rebuild that will require at least 40% of their funding be earmarked for building multi-unit low-income housing on lots where single family homes once stood in Altadena, Pacific Palisades, Malibu and other devastated areas.

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