New group looks to scrap the “binary,” keep Measure ULA’s fate local

Industry trade groups looking to thwart a statewide ballot measure that could topple the city’s mansion tax, took their proposals to Los Angeles City Hall on Friday. The Affordable LA: Mend It, Don’t End It coalition, which is led by California Community Foundation President and CEO Miguel Santana, sought to offer ways to fix Measure United to House L.A., rather than wipe out the two-tier tax on real estate property transactions approved by voters in 2022. The group’s proposal builds on a late January attempt by 4th District Council Member and mayoral hopeful Nithya Raman to create ULA exemptions for […]This article originally appeared on The Real Deal. Click here to read the full story.