LA Mayor Karen Bass signs $13B budget, includes purchase of hotel for homeless housing.

TL;DR Summary
Los Angeles is set to buy the Mayfair Hotel in the Westlake District for $70 million to provide temporary housing for the homeless. The hotel includes 300 rooms and will be used to house the unhoused for up to one year as they receive on-site services to get to a place where they are ready for permanent housing. The purchase is part of the city's $1.3 billion investment in homelessness, which aims to tackle the shortage and high cost of temporary housing. The deal is expected to close in the coming months.
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