REVISED
EXECUTIVE MANAGEMENT COMMITTEE
NOVEMBER 17, 2022
Preamble
Motion by:
DIRECTORS HAHN, NAJARIAN, DUTRA, SANDOVAL, AND BUTTS
Land Bank Pilot Program
Los Angeles County is in the midst of a historic housing crisis, with tens of thousands of people migrating out every year, in search of more affordable places to live. At the same time, efforts to improve the Los Angeles River, as well as efforts to build new high-quality transit, have raised concerns among many that these changes could price many lower-income people out of what few affordable communities remain.
One effort underway to address the region's housing crisis is the creation of a new LA County
Land Bank Pilot Program, which was authorized by the LA County Board of Supervisors in June 2022. The program has already been allocated $40 million in American Rescue Plan Act (ARPA) funding, which will go toward the acquisition of land and support the construction of affordable housing in communities where it is needed most.
In an effort to coordinate Metro resources with LA County, in June 2022, the Metro Board of Directors approved a motion (2022-0422) requesting staff to collaborate with LA County agencies and outside community partners on a
Land Bank Pilot Program and to identify roles that Metro can take as part of the
Land Bank Pilot and associated duties. This motion further directed staff to report back in October 2022.
On November 8, 2022 Metro issued a Board Box in response to the June 2022 motion. That Board Box clarifies staff's intended roles as part of a
Land Bank Pilot Program, including the following recommendations that Metro will:
* Not formally partner on a programmatic level with the County to acquire properties for or lead aspects of the County's
land bank pilot;
* Collaborate with local jurisdictions through the corridor planning and Transit Oriented Communities (TOC) Implementation Plan process to identify key community priorities and opportunities for the County's
Land Bank Pil...
Click here for full text