Los Angeles Approves Record $466M Measure ULA Affordable Housing Round as LA Metro Orders 220 Electric Buses

City Council Implements Quarterly Oversight for Historic $466.6 Million Housing Allocation

LOS ANGELES, California — Marking the largest municipal housing capital distribution in city history, the Los Angeles City Council unanimously authorized $466.6 million in affordable housing investments in early October 2026. Financed primarily through revenues generated by Measure ULA (the Affordable Housing and Tenant Protection Ordinance), the funding package supports multi-family construction, supportive housing developments, and adaptive reuse projects across South Los Angeles, Koreatown, and the San Fernando Valley.

Responding to past civic scrutiny regarding expenditure pacing, City Council members integrated stringent accountability amendments requiring the Los Angeles Housing Department (LAHD) to submit quarterly performance scorecards detailing permitting progress, contractor compliance, and unit delivery timelines prior to disbursement awards scheduled for February 2027.

LA Metro Expands Zero-Emission Fleet with $337.7 Million Electric Bus Deal

In regional transit modernization, the Los Angeles County Metropolitan Transportation Authority (LA Metro) Board formalized a $337.7 million contract with ElDorado National to procure 220 heavy-duty battery-electric transit buses. The procurement more than doubles Metro’s operational zero-emission fleet, positioning the agency toward its target of full electrification ahead of the 2028 Olympic and Paralympic Games.

The electric buses will deploy across high-ridership bus corridors along Wilshire Boulevard, Vermont Avenue, and Broadway, coinciding with systemwide fare-free promotions for California Clean Air Day across Metro Rail and bus networks. Concurrently, Mayor Karen Bass mobilized Public Works crews across municipal drainage networks, clearing over 31,000 storm catch basins and securing foothill burn scars in preparation for winter weather systems.