04/17/2026 | Press release | Distributed by Public on 04/17/2026 11:38
by L.A. Area Chamber
LOS ANGELES (April 17, 2026) - The Los Angeles Area Chamber of Commerce calls on the Los Angeles City Council for immediate reform of Measure ULA. Chamber President & CEO Maria S. Salinas issues the following statement:
"Los Angeles voters passed Measure ULA with legitimate urgency, and we respect that. But the evidence is now clear. Researchers from UCLA, Harvard, UC San Diego, and UC Irvine have all found that this policy is producing less housing, less commercial investment, and less tax revenue than promised.
Los Angeles is weeks away from the FIFA World Cup and two years from the Olympic and Paralympic Games. A real estate market that works is not optional. Reform is not optional. We are asking the Council to act now, with the urgency this moment demands."
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About Los Angeles Area Chamber of Commerce
The Los Angeles Area Chamber of Commerce represents the interests of a broad spectrum of organizations across the private, non-profit, academic, and public sectors, including the business community, job creators, and innovators in the Los Angeles region. Our mission is to design and advance opportunities and solutions for a thriving regional economy that is inclusive and globally competitive. As the oldest and largest business association in the region, the Chamber has a long-standing history of convening business leaders, communities, and policy makers to promote a vibrant economy.
A Thriving Region for All.