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Mayor Bass' plan to have rich people fund homelessness program might just work: LA business leaders

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Business leaders are speaking out in support of Los Angeles Mayor Karen Bass' plan to fix homeless through private donations from wealthy residents.

Los Angeles Mayor Karen Bass' strategy to employ wealthy residents to help fund housing for the homeless is garnering support from local business leaders who say it might be the only solution to effectively tackle the growing crisis. During her State of the City address on Monday, the Democratic mayor highlighted the city's struggle to house over 40,000 homeless people, declaring that 'the crisis on our streets is nothing less than a disaster.

'She has shown that things can be done,' Bojarsky, said of Bass. So far, LA4LA has reportedly raised more than $10 million, with former Disney CEO Jeffrey Katzenberg, one of LA4LA’s business leaders, donating $300,000, the Times reported. He told the outlet that the initiative relies on 'the flexibility of philanthropy to activate housing units fast, for those who need it now.

 

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Mayor Karen Bass urges business, philanthropic leaders to help fund homeless housingMayor Karen Bass used her State of the City address to urge business and philanthropic groups to help the homeless.
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