Los Angeles

City Council

July 02, 2024 Item #93

Agenda Item 93

(93) 24­0590 CONSIDERATION OF MOTION (PARK – BLUMENFIELD) relative to the status of converting the Ramada Inn located at 3130 Washington Boulevard in Council District 11 into permanent housing and of Homekey 1, 2 and 3 sites. Recommendations for Council action: 1. INSTRUCT the City Administrative Officer (CAO), in coordination with PATH, to provide a report, within 30 days, on the status of the Ramada Inn located at 3130 Washington Boulevard in Council District 11 conversion into permanent housing. The report should include details regarding the reasons for delays in conversion, inclusive of financing and regulatory challenges, as well as the estimated start of construction and date for occupancy. 2. INSTRUCT the CAO, in coordination with the Los Angeles Housing Department and Housing Authority of the City of Los Angeles, to provide a comprehensive report, within sixty days, on the status of Homekey 1, 2 and 3 sites. The report should include the following details: a. The number of properties purchased under each Homekey round, including the date of acquisition. b. The number of Homekey sites that are ready for occupancy and, of these properties, the number of units that are occupied as of the date of the report. c. The number of Homekey sites and units that are not ready for occupancy, including reasons for delay, financing and regulatory challenges, and date for occupancy. d. Recommendations to resolve any delays in the conversion and occupancy of Homekey 1, 2 and 3 sites.