A deal to buy Skid Row homeless housing fell apart. Here's why vulnerable tenants and taxpayers are at risk
by Los Angeles Times
Los Angeles Times— An agreement for the world's largest AIDS charity to buy a half-dozen troubled homeless housing developments in Skid Row collapsed Thursday, throwing into disarray the future of the properties and the city’s rescue efforts for one of its largest supportive housing portfolios. The AIDS Healthcare Foundation had reached a deal this month to buy six buildings owned by the Skid Row Housing Trust for $27 million in a receivership sale. But foundation spokesperson Ged Kenslea said in a statement...
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