"LA Mayor Urges Wealthy Business Leaders to Fund Homeless Housing in Unprecedented Partnership"

Los Angeles Mayor Karen Bass urged the wealthy to help fund housing for the homeless during her State of the City address, emphasizing the need to move beyond temporary shelters and acquire more properties to address the crisis affecting over 40,000 people. The new campaign, LA4LA, aims to disrupt the status quo and build a new system with private sector and philanthropic funds. The city's homeless population has increased, prompting legal action and an external audit of homelessness programs, as the mayor seeks an "unprecedented partnership" to confront the emergency.