Los Angeles Housing Department Seeks Funding To Repurpose Hotels Into Housing
City of Los Angeles is seeking funds for a new project that proposes to convert hotels into permanent supportive housing. Three motels are up for grabs in Hollywood and the San Fernando Valley in Los Angeles. The project, named as Project Homekey, is a pandemic-initiated program that allows cities and counties to purchase underused hotels and repurpose them as interim or permanent housing. Recently, in September 2021, Governor Gavin Newsom announced $2.75 billion in funding for Project Homekey. The City of Los Angeles, which created 744 homes through the initial phase of the program, is now getting to work on its second round of acquisitions.