Tag: Measure ULA

• Press Coverage | October 24, 2023

  Court Rejects Challenges to Controversial Measure In Contentious Lawsuit

  

  In a tentative ruling delivered today, the courts have rejected the challenges brought against Measure ULA. A final judgment is anticipated in the coming weeks, pending the judge’s consideration of the final arguments presented by both plaintiffs and defendants. Responding...

  Measure ULARegion 1
• Press Coverage | October 23, 2023

  Judge’s tentative ruling rejects all challenges to ULA transfer tax

  

  In a tentative ruling for the high-profile court case on L.A.’s Measure ULA transfer tax, Superior Court Judge Barbara Scheper said that she was likely to reject challenges to the new tax,  which have proven highly unpopular among real estate...

  Measure ULARegion 1
• Press Coverage | April 1, 2023

  City begins taxing on the sales of mansions exceeding $5 million

  

  LOS ANGELES (CNS) — The city of Los Angeles Saturday will begin an additional tax on the property sales that exceed $5 million through Measure ULA, a ballot measure passed in November, which city officials have said will generate a...

  Measure ULARegion 1Affordable Housing
• Press Coverage | March 31, 2023

  Los Angeles mansion tax starts Saturday, adding costs to new development

  

  LOS ANGELES (KABC) -- With Measure ULA set to kick in on April 1, Los Angeles may soon have hundreds of millions of new dollars available to use for affordable housing and homelessness programs. But real-estate brokers and developers say the...

  Measure ULARegion 1Affordable Housing