Study: LA Affordable Housing Agency Can Mobilize Billions in Private Investment

Study: LA Affordable Housing Agency Can Mobilize Billions in Private Investment
News| August 18, 2025| Paul Bubny
California & West + Apartment Buildings

Deploying market-driven strategies that leverage new public funds with private investment and philanthropy could unlock $2.5 billion over a decade to accelerate the production and preservation of affordable housing in Los Angeles County, according to a study commissioned by the Los Angeles Business Council Institute.

Conducted by researchers at the Terner Center for Housing Innovation at UC Berkeley and Forsyth Street Advisors, the study offers a roadmap for the Los Angeles County Affordable Housing Solutions Agency (LACAHSA) to attract new sources of private capital to maximize the impact of significant sales tax dollars generated each year by Measure A for affordable housing.

“The combination of a new permanent public funding source and an agency charged with a central role in allocating and administering those funds will reshape affordable housing finance in one of the nation’s largest and neediest housing markets,” said the study, Scaling LACAHSA: Proven Models for Maximizing Affordable Housing Production and Preservation. “Successful efforts elsewhere show how creating pathways for programmatic investment from private and philanthropic sectors, coordinated with public resources, can be transformative.”

Be there for insights from multifamily industry leaders on Sept. 11, when Connect Conferences will hold a nationwide in-person event. Register here for Connect Apartments 2025, taking place in Los Angeles at the Fairmont Century Plaza.    

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