City Council

(2) 23-1372 HOUSING AND HOMELESSNESS COMMITTEE REPORT relative to recent insurance increases faced by supportive and affordable housing developers and homeless service providers. Recommendation for Council action, pursuant to Motion (Yaroslavsky – Harris-Dawson): DIRECT the Chief Legislative Analyst (CLA), with assistance from the Los Angeles Housing Department, and with the requested input of the Housing Authority of the City of Los Angeles, Service Planning Area lead agencies, the Supportive Housing Alliance, and the Southern California Association of NonProfit Housing, to report to Council in 90 days with an analysis of recent insurance increases faced by supportive and affordable housing developers and homeless service providers, their potential impacts on supportive housing development and service provision, and what potential state and federal action can be undertaken to address the issue. Fiscal Impact Statement: Neither the City Administrative Officer nor the CLA has completed a financial analysis of this report.