Los Angeles is roughly a year and a half into its so-called “mansion tax,” levying charges on high-end property sales to raise money for affordable housing and homelessness initiatives.
Measure ULA charges a 4% fee on all property sales above $5.1 million and a 5.5% fee on all sales above $10.3 million. Now, thanks to a new dashboard, Angelenos can see exactly where and how that money is being raised.
Named the ULA Revenue Dashboard, the interactive data hub was released by the Housing Department in late August. It breaks down numbers based on which types of properties have sold and where.
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