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According to the City of Los Angeles, it costs nearly $20 million to build 32 units. Something is not adding up here, but the even bigger scandal is that the city bought the property in 2020, and it still stands unfinished.

According to Fox 11:

The City of Los Angeles purchased the former Ramada Inn at 3130 Washington Blvd. in 2020 for about $10.2 million as part of an effort to rapidly expand housing through the state’s Project Homekey program.

The 33-room property was initially used as interim housing for people experiencing homelessness. But in 2022, the building was shut down so it could be converted into permanent supportive housing.

Nearly four years later, construction is still ongoing.

Let’s get this straight. If we divide the total project cost by the number of units, we get $625,000 per room. The average housing cost in the city is just over $900,000. Again, the math is not adding up here.

Why does it seem like the more the city spends on “housing” the unhoused, the worse the problem seems to get? Could it be because the problem has nothing to do with a lack of housing? Methinks yes.

City leaders approved an additional $1.5 million in Proposition HHH housing funds to close the financing gap. With loans and additional public and private grants, the total investment in the project now stands at roughly $20 million.

Projects like this, combined with the fact that a housing official is charged with fraud like every week, prove just how much of a scam the homeless industrial complex truly is. Maybe one day the city will take this problem seriously, but until then, don't expect anything more than billions of tax dollars to be wasted before they realize what they are doing is not working.

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