Does Discretion Delay Development?

2026-01-08T07:00:42-07:00

Local governments sometimes approve multifamily housing through a discretionary process, meaning a public body must vote to entitle the proposal before it can seek a building permit. By-right entitlement, in contrast, allows developers to apply directly for a building permit. We tested the hypothesis that by-right approvals are faster. Faster approval can make multifamily development more feasible, which can in turn improve housing affordability.

Does Discretion Delay Development?2026-01-08T07:00:42-07:00

How Will the Measure ULA Transfer Tax Initiative Impact Housing Production in Los Angeles?

2026-01-08T07:00:42-07:00

Measure ULA is a November 2022 ballot initiative that would increase taxes on the sale of properties valued $5 million or above in Los Angeles, but there is concern it may depress new housing production. We develop a model for identifying projects that may be most at risk of not being built because of the increased tax.

How Will the Measure ULA Transfer Tax Initiative Impact Housing Production in Los Angeles?2026-01-08T07:00:42-07:00

An Analysis of Measure ULA: A Ballot Measure to Reform Real Estate Transfer Taxes in the City of Los Angeles

2026-01-08T07:00:43-07:00

This paper analyzes Measure ULA, a City of Los Angeles ballot measure which would reform transfer taxes to raise money for affordable housing/homelessness prevention.

An Analysis of Measure ULA: A Ballot Measure to Reform Real Estate Transfer Taxes in the City of Los Angeles2026-01-08T07:00:43-07:00

Lessons From California’s Homekey Program: Adding Affordable Housing by Buying Market-Rate Apartment Buildings

2026-01-08T07:00:40-07:00

This paper compares the costs of acquiring and converting market-rate housing through Homekey to similar purpose-built affordable housing developments in Los Angeles.

Lessons From California’s Homekey Program: Adding Affordable Housing by Buying Market-Rate Apartment Buildings2026-01-08T07:00:40-07:00
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