LA reveals 19-story tower to house the homeless in $600k units

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  • 20.06.2024
Homeless folks in LA may soon be living in luxury as the city revealed the Weingart Tower, a $165 million project where individual units cost about $600k, according to ABC7 Chicago:
The building will have an entire floor of offices for case workers, in addition to a list of impressive amenities: a gym, art room, music room, computer room and library.
 
Residents will enjoy six common balconies and a café.
 
It's considered affordable housing, but the cost to build this type of project still adds up. Each unit costs nearly $600,000 and it's being funded by taxpayers.
 
The $165 million project is receiving permanent financing from Proposition HHH, which voters overwhelmingly passed in 2016. The new tower is also receiving state housing funds and $56 million in state tax credits.
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