CA State Senate Passes Bill to Buy Up Burned-Out Properties

L.A. Mag

California lawmakers 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. 

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.

As part of the legislation, Governor Gavin Newsom announced that he has allocated $101 million in taxpayer funds to jumpstart the building of more low-income housing, as homeowners who lost everything have been slow to rebuild. More

Adam Carolla gives a walking tour of the lack of any meaningful construction since the Malibu fires 6 months ago. Summary starts at the 24:02 mark. Watch

28 Comments on CA State Senate Passes Bill to Buy Up Burned-Out Properties

  1. With 40% of funding earmarked for multi-unit low income housing, which was the entire reason behind the fires to begin with.

    It was not carelessness or malfeasance that cause the fire, but rather cold, calculated actions.

    29
  2. “”as homeowners who lost everything have been slow to rebuild”

    And whose fault it THAT!!! The people who have lost everything have had to fight the State, the City, the County and the Federal government to get permitting through an on purpose slower than molasses process, environmental rules that are impossible to adhere to PLUS reluctant insurance companies who ALL are doing everything they can to stall and to default.

    The plan was NEVER EVER to allow the fire victims to rebuild…NEVER. And now they want to blame them???

    So we spend MILLIONS of tax payer money to build low income, section 8 housing that no one wants. Build eyesores and slums. Screw the middle class schlubs who used to live there…many for all of their lives. What dopes for trusting the government.

    24
  3. All those people whose property is being stolen by Newsom? Guarantee they all voted for him.

    “I never thought the leopards would eat my face,” sobs woman who voted for the Leopards Eating People’s Faces Party.

    24
  4. This is strait up theft. The Federal Government needs to step in. Libtard logic, one of the most scenic ocean sides in the world and you’re going to put low income housing on it. I guess it’s only fair huh?

    13
  5. A Communist’s plans are never clear until it’s too late.
    That’s what makes them predictable… aaaaaaaannd that’s why they always hide behind a facade so that people don’t notice they are Communists! A lot of people saw this coming because they’ve seen it before and here we are!

    7
  6. I think there are many more of these cases.

    What about the flooding in Western South Carolina. There was much talk about the flood being more than the hurricane. Many believe it was geoengineering. Many people had been approached to sell their property to a mining company and they said no. So, they tried to flood them out, but too many people came to help them rebuild.

    And what about the recent flooding in Texas?

    Greed runs our country and industries.

    14
  7. ANd what money will the Gooberment use to buy these burned up properties, seeing that said Kalifornication gooberment is billions (with a capital “B”) of dollars in debt.
    Oh! Wait! NewScum can print loans (that will go into default), crank up the tissue paper printing press, and push electrons to create fiat imaginary money that will be used to buy real property.

    3
  8. A couple blocks away from me, a neighbor’s house went up almost backdraft style at the end of 2023. They came home, and opened the front door, and the fire erupted out the roof. Local FD showed up and put it out, but the house is essentially a total loss. Just the exterior walls were left standing.

    Almost 2 years later, they’re still waiting to rebuild. In Texas the permits take a month or two perhaps. It’s the insurance company that holds the process up. Add in state & local foot dragging… Yea, there’s nobody slow to rebuild in the Palisades. I’m surprised there’s anyone building yet at all.

    KR

    5
  9. “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.

    Does Cabrini Green ring a bell? This describes insta slums to a T. They are by design.

    6
  10. Lucky for Newsom he gets to circumvent the expensive, draconian maze of reviews and approvals you and I would have to go thru. That project will be built out before a taxpaying victim of the fire gets his final approval to build on land he already owns.

    6
  11. That’s going to be the most expensive low-income housing in the world before they’re done.

    They’ll probably apply for federal grants to put in commuter rail to whisk low info voters from their beachfront slum dwells to the welfare office and back again and of course to their polling places at election time.

    5
  12. @ Claudia: “Greed runs our country and industries.”

    avarice, it is
    ‘Often depicted as a vice in literature and philosophy, avarice serves as a cautionary tale about the dangers of letting material desires overshadow moral values. Whether in classic tales or modern discussions, the concept of avarice remains relevant, reminding us of the balance between ambition and ethics.’

    3
  13. “Just imagine what that conniving, thieving, no-good, bastard of a governor would do if he was elected, or selected to be President!”

    I have, and it scares the crap outta me.

    4
  14. Reminds me of expropriation without compensation. You know that the owners will be “offered” pennies on the dollar compared to market values.

    When did governments become so callous?

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