LA now paying for homeless to stay in trendy beachside hotel – in rooms that cost $625K each

Fonte: New York Post

A hotel near Venice Beach that the city bought to transform into homeless housing remains empty after years of drawn-out delays and a ballooning budget. The former Ramada Inn on Washington Avenue has sat mostly vacant since 2020 as officials have scrambled to secure permits, subsidies and construction financing. Now the price tag for the stalled project is approaching $20 million, after the city plunked down a relatively paltry $8 million for the property in 2020.

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