The Los Angeles County Development Authority (LACDA) is now accepting applications for 16 housing sites after a significant hiatus. Simultaneously, Lakers governor Jeanie Buss is fighting a plan to sell a major portion of the team's ownership.
A 30-month hiatus for 16 Los Angeles properties
The Los Angeles County Development Authority (LACDA) is opening registration for 16 specific housing locations for the first time in nearly two and a half years. According to the agency, the application window began at 8 a.m. on Monday and is set to conclude at 5 p.m. on Wednesday, Sept. 16.. However, some smaller properties may close their windows earlier if they reach a threshold of 1,000 submissions.
This reopening follows a long period of scarcity for low-income residents in Southern California, where the cost of living continues to climb. While LACDA manages 68 properties serving over 6,600 residents, this specific opportunity is limited to a small fraction of their total inventory. The agency typically sees roughly 300 public housing vacancies annually as residents move out of the county or find alternative housing.
The $83,300 income limit and the 30% rent cap
Eligible households applying for these units can expect rent to be capped at approximately 30% of their gross income. The LACDA has established specific income tiers to ensure assistance reaches those most in need, such as families earning substantially below the county median . For instance, a family of four may qualify if their annual income does not exceed $83,300, while a single individual can qualify with an income up to $58,300.
Legal Aid Foundation of Los Angeles attorney Justin Fitzsimmons noted that such stable housing provides a vital buffer against life's disruptions. By limiting rent to a percentage of income,the program allows families to divert remaining funds toward education, emergencies, or long-term savings.. This financial stability is increasingly rare in the competitive Los Angeles real estate market.
Jeanie Buss's fight against the 17.8% stake sale
Lakers governor Jeanie Buss is formally contesting a plan by her siblings to sell the Buss family trust's 17.8% ownership interest in the NBA franchise. As reported by the Associated Press, the proposed buyers of this minority stake are Josh Kushner and Bob Iger. This transaction would effectively end the Buss family's direct ownership of the team, which has been held since Jerry Buss purchased the franchise in 1979.
The dispute is not merely about money but also about the governance of the Los Angeles Lakers. Under NBA rules, a governor must maintain an ownership stake of at least 15%. If the sale of the 17.8% stake proceeds as planned, Jeanie Buss could potentially fall below this required threshold,jeopardizing her current leadership position.
The NBA's decision on Kushner and Iger's entry
The final outcome of the Lakers ownership battle remains uncertain as the deal requires formal approval from the NBA board of governors. It is currently unknown how the league will weigh the interests of the Buss family members against the proposed entry of Josh Kushner and Bob Iger. While the report outlines the legal challenges faced by Jeanie Buss , it does not provide a direct response from her siblings regarding their specific motivations for the sale.
The review process by the NBA is expected to take several months, leaving the future of the Lakers' leadership in a state of limbo. Until the board reaches a verdict, the tension between the Buss siblings and Jeanie Buss remains a central conflict for one of the most prominent sports institutions in the world.
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