LA awards $17.5M to fast-track eight affordable housing projects On Oct. 21, 2025, the Los Angeles City Council approved more than $17.5 million in emergency loans to push eight affordable and supportive housing projects past last‑minute funding gaps. The Fast Track Solutions Program aims to help developments that are already under construction recover from contractor failures, storm damage and rising costs so they can meet near‑term completion deadlines. Why the emergency loans were needed Several … Read More