STATEMENT: Councilwoman Rodriguez Calls for Matched Savings Account to Help Low and Moderate Income First-Time Homebuyers

Councilwoman Monica Rodriguez introduced legislation instructing city agencies to report back on the feasibility of establishing an Individual Development Accounts (IDA) Program — matched savings accounts provided to low and moderate income earners to save toward purchasing a home. The IDA program will complement existing City resources for first-time homebuyers. FOR IMMEDIATE RELEASE:  June 20,…

Weekly Newsletter (June 2, 2018) Homelessness Dips in LA for the First Time in Four Years

Here’s a quick recap of what’s happening in the Seventh Council District this week: Combating Homelessness & Making Real Progress In January, my staff and I joined thousands of volunteers to participate in the annual Greater LA Homeless Count, a point-in-time census of our region’s homeless population. This week, the results revealed that our overall…