Posts tagged LA2028Olympics

We Have The Money

The LA28 organizing committee has a $7.1 billion budget. The federal government allocated $1 billion for Olympic planning. LA Metro is requesting $2 billion for transit alone. The amount specifically allocated to house residents displaced by Olympic preparations: zero new dollars. This is an article about where the money already exists — and why it isn't being used.

2028 OlympicsPaul AsplundApril 20, 2026Los Angeles, LA2028Olympics, LettersToTheHoused, Housing Policy, housing firstComment

Part 3: The Money and the Mechanisms from Letters to the Housed by Paul Asplund of Second Grace LA

Los Angeles has $700-790 million in available funding to build 11,700-15,000 Vienna-style social housing units by the 2028 Olympics. Learn how Measure ULA, Palisades reconstruction, and Olympic funds can solve our housing crisis with proven cost-rent financing models.