Measure ULA just crossed the $1B threshold. An update to the city’s revenue tracker for the real estate transfer tax shows that, through the end of November 2025, ULA has generated $1.03B. 
That money goes to city coffers for use in a variety of housing-focused programs, including funding for new deed-restricted affordable housing and rental assistance to keep vulnerable Angelenos in their homes. 
“No city in the country has a permanent source of funding as big as this and as comprehensive in its approach,” said Joe Donlin, the director of United to House LA, the coalition that mobilized to pass Measure ULA. 
It’s a funding source that’s essential in light of…