Committee briefing

Committee presses Alliance and Homekey costs

3 min readWednesday, June 3, 2026·4 members present

The Housing and Homelessness Committee moved LAHSA reappointments, a Chavez Gardens HHH extension and Queen Apartments financing, then spent most of the meeting on Alliance settlement compliance and Project Homekey cost, occupancy and conversion questions.

The Los Angeles City Council chamber during the June 3 Housing and Homelessness Committee meeting — Watch the official Housing and Homelessness Committee recording.

7Posted items

13,114Alliance beds/units cited

$53.7MCounty reimbursement cited

4-0Committee votes

Meeting Timeline

0:03Opening

Four members are present

The committee opened with Chair Raman, Blumenfield, Hutt and McOsker present. Jurado was absent, but the committee had quorum.

4:23Consent

LAHSA reappointments and housing financing move first

Items 1, 2 and 5 were approved on consent. Item 6 was handled separately: the committee noted and filed LAHD's Queen Apartments report and approved the CAO report.

7:26Alliance

The settlement update previews new compliance math

The CAO said the amended Alliance agreement raised the June 2027 target to 14,000 housing or shelter solutions, allows Roadmap beds to count, and requires at least 12,915 beds or units to remain open through June 2029.

19:36Homekey

Project Homekey turns into a cost and due-diligence discussion

Members pressed the CAO on Homekey occupancy, conversion from interim to permanent housing, all-in per-unit costs, funding gaps, Section 8 limits, accessibility work and how due diligence can improve before future acquisitions.

47:04Closed session

The rent-stabilization case produces no reportable action

The committee recessed to closed session on SR West Pico v. City of Los Angeles, then returned and the City Attorney reported no reportable action.

Public Comment Quotes

"accountability, truth, and institutional transparency"

Kenneth Paciorek · public comment · auto-caption transcript

"13,114 beds or units"

Megan Falcone, CAO · Alliance update · auto-caption transcript

"all-in cost"

Councilmember Bob Blumenfield · Homekey cost questions · auto-caption transcript

Agenda Items

ITEMS 1-2LAHSA Commission reappointmentsApproved 4-0Tanisha Saunders and Charles Stringer were moved forward for terms ending June 30, 2029.

ITEM 5Chavez Gardens HHH funding commitment extensionApproved 4-0The committee approved extending the Proposition HHH funding commitment letter for the Chavez Gardens project in Council District 14.

ITEM 6Queen Apartments bond financingApproved 4-0The committee noted and filed LAHD's report and approved the CAO report on TEFRA minutes and conduit revenue bonds for Queen Apartments.

ITEM 3Alliance Settlement progressNoted and filedThe CAO presented December 31, 2025 progress and previewed a forthcoming updated bed plan under the amended settlement.

ITEM 4Project Homekey statusNoted and filedThe committee questioned occupancy, 60-day refill timelines, funding gaps, conversion costs and due diligence across Homekey rounds one, two and three.

ITEM 7SR West Pico v. City of Los AngelesNo reportable actionThe committee recessed to closed session on the rent-stabilization case and returned with no reportable action.

What Happens Next

The CAO said an updated Alliance bed plan is forthcoming under the amended settlement. The Homekey discussion also generated follow-up needs around total funding gaps, all-in costs per unit, project financing, occupancy and operational fixes for faster lease-up.

Three-minute briefing complete

Go deeper on the decisions

The extended notes separate the Alliance compliance update from the Homekey cost questions and the closed-session item.

Continue · 5 min ↓Extended report open ↑

Extended report · 5 min

June 3 was less about new policy than about whether existing housing programs are adding up

The consent votes were quick. The substantive discussion focused on whether the city can meet Alliance obligations and whether Homekey projects are being counted, financed and converted realistically.

The key distinction

The Alliance report was backward-looking through December 31, 2025, while the amended settlement had already changed the targets. Staff repeatedly pointed to forthcoming updated reports.

1 · Alliance

The old target was met on paper, but the new target changed the question

Staff said 8,530 beds or units were open and 4,584 were in process as of December 31, 2025, for a total of 13,114 toward the prior 12,915 target. The amended agreement raised the June 2027 target to 14,000 and allows Roadmap beds to count, so the next bed plan matters more than this older snapshot.

2 · Homekey

Members wanted the all-in cost, not just acquisition math

Homekey questions centered on whether acquisition-cost-per-unit numbers hide later rehabilitation, accessibility, utility, operating and conversion costs. Members asked for clearer all-in cost estimates, funding-gap totals and lessons for due diligence.

3 · Lease-up

The 60-day vacancy timeline became an operational warning

Staff said permanent housing units average about 60 days to refill after a vacancy, down from higher prior timelines. The explanation pointed to coordinated entry, documentation, follow-up and the difficulty of matching people to units with layered funding requirements.

4 · Closed session

The legal item did not change the public record

The committee recessed to discuss SR West Pico v. City of Los Angeles, then returned and announced no reportable action. The item remained pending in Budget and Finance Committee.

Sources and method: This extended report uses the official committee recording, PrimeGov agenda, PrimeGov meeting metadata, and YouTube auto-caption transcript saved with this meeting's source package.

Sources: Watch full recording · Official agenda · Official agenda record. Timeline markers are positions in the official recording. Quotes use YouTube auto captions.