LA city attorney pushes for a receiver to help ailing Skid Row Housing Trust

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LA city attorney pushes for a receiver to help ailing Skid Row Housing Trust
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‘Failure is not an option,’ Mayor Karen Bass says, and LA can’t lose nearly 2,000 units that house the homeless.

Los Angeles City Attorney Hydee Feldstein Soto filed a petition Thursday, March 30, asking a judge to appoint a receiver for the financially ailing Skid Row Housing Trust in order to save nearly 2,000 units of housing for the homeless on 29 properties.

Skid Row Housing Trust for more than three decades was viewed as a trailblazer in providing permanent supportive housing, and it manages nearly 2,000 so-called “single-residency occupancy” units.that the agency, which purchases old buildings and converts them into housing for those facing homelessness, was nearing financial collapse and was trying to turn over its properties to other providers who could continue the work.

City officials previously indicated that they, too, might have to step in — financially or otherwise — to help the struggling housing provider. “We are not going to solve this problem until we can reach the scale to get tens of thousands of people off the street,” Bass said. “And frankly, 29 buildings is the type of scale we need to get to if we’re going to be able to house 47,000 people.”L.A. City Attorney Feldstein Soto echoed similar sentiments, saying that if residents of properties managed by the Skid Row Housing Trust were to lose their housing, “there is very little question that they will spill out onto our streets.

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