The Brief

Irvine city leaders approved a land swap with property developer FivePoint in a 4-3 vote Tuesday, greenlighting the development of 1,300 market-rate units that won’t have to comply with affordable housing requirements.

As part of the deal, the city will give FivePoint 26.4 acres of land within Great Park in exchange for 35 acres bordering the Irvine Spectrum, dubbed the Crescent site.

 The development of 1,300 market-rate housing units, said Stephanie Frady, director of community development at the city, will generate more than $200 million in special taxes Great Park residents pay to fund school expansions and public infrastructure development.

The Crescent site “ creates an exciting opportunity for transit-oriented development and an important linkage between the Great Park and the greater Spectrum area,” said Pete Carmichael, assistant city manager.

The Irvine Spectrum attracts 17 million visitors each year, while Great Park sees around six million, with many more expected as the park builds out.

Because of the unequal acreage in the land swap, city officials also voted to waive state affordable housing requirements for the developer. The staff report for Tuesday’s meeting did not include a financial analysis of the land swap or the effects of waiving affordable housing requirements for FivePoint. LAist has requested those documents. But during the meeting, Carmichael said the 8.6 incremental acres are valued at around $66 million and that the deal benefits the city  by about $37 million.

Elizabeth Hansburg, co-founder of People for Housing OC, called the land swap an opportunity for the city to have greater say in the kind of development bordering a transit center.

 ”When the city becomes the owner of the land adjacent to the transit center, then the city will be held to a higher percentage of affordable [housing] than a private entity would be,” she said.

Housing close to a transit center, Hansburg said, opens up “the region of where you can go for jobs.”

“For households that are low income and maybe aren't a two-car family, or maybe there isn't a car for every driver, having proximity to transit does increase your mobility in terms of areas where you're able to go to work,” she said.

$15 million toward a public library

In the land swap, FivePoint also will give the city $15 million. During Tuesday’s meeting, Mayor Larry Agran pushed for the city to consider using that money toward a final resting place for veterans.

But residents spoke out overwhelmingly against the idea during the public comment portion of the meeting, calling for the money instead to go toward a library.

In the end, Councilmember Melinda Liu introduced a motion to approve the land swap and to  prohibit expenditure of any portion of the $15 million on the design or development of a columbarium for cremated remains. That motion passed 4-3.

Most Southern California renters continue to struggle to find housing they can afford. An important — and for some, possibly life-changing — option opened up on Monday for low-income residents.

The Los Angeles County Development Authority (LACDA) began accepting applicants for its waitlist for public housing for a limited time.

Tracie Mann, the chief of programs for LACDA, said the waitlist was last open in April 2024.

“We need to refresh the list, get new families who are interested in applying, not only to our family sites, but also to our senior sites,” she said.

Mann said she expects more people to apply now because of the sharp rise in the cost of living.

“We know that housing is a serious need here within the region of Los Angeles County, and having LACDA in a position to be able to offer public housing units to those most in need is just so… critical,” she said.

The rent in these county-owned and managed units is generally capped at 30% of a household’s gross income. That limit helps families build savings, said  Justin Fitzsimmons, a lawyer with the Legal Aid Foundation of Los Angeles.

“It is a really valuable resource and can be a great opportunity for people to be able to build wealth in this economy and set up their generations in the future,” he said.

Orchard Arms is a public housing property with 183 units in Valencia. It's reserved for seniors.

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Courtesy Los Angeles County Development Authority

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It’s common, Fitzsimmons said, to see clients come to his office for legal help after a life event, such as an accident or major illness that has depleted their savings.

"Public housing is a really wonderful opportunity for a person to help to weather those events that life throws your way," he said.

The waitlist application window opened at 8 a.m. Monday and is set to close at 5 p.m. Wednesday, Sept. 16.

Here’s who qualifies and how to apply

To qualify, families must be earning significantly less than the median income in L.A. County. There are different tiers, Mann said, including 30% and 50% of that median income.

People in L.A. County will fall below the 50% threshold if they earn up to $58,300 per year. Families of four will meet the cutoff if they earn no more than $83,300 per year.

Follow this link for more information about how to apply. If you’ve already registered with LACDA, you can apply at this link.

South Bay Gardens is a public housing property with 100 units in South Los Angeles.

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Courtesy Los Angeles County Development Authority

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You can seek help with your application by calling LACDA at (626) 586-1522 from 8 a.m. to 5 p.m., Monday through Friday.

LACDA staff also helps people complete their online applications in person at their offices in Alhambra. Their address is 700 W. Main St., Alhambra.

Location, location, location

LACDA oversees public housing on 68 properties for more than 6,600 residents. The agency is opening up wait list registration at only 16 of those sites. Thinking about which location to apply to is important because if you apply to a location and you don’t accept the unit that you’re offered, you will be removed from the waiting list until it opens back up.

People leave public housing units for various reasons, Mann said, such as moving outside the county, finding another apartment or facing eviction. She said LACDA’s public housing program averages 300 vacancies per year. Wait times can be months or longer, depending on vacancies at each property.

Applications for the smaller properties will be capped at 1,000 applications, and their waitlists will close early if that threshold is reached before Sept. 16.

You can find more information about the 16 sites opening their waitlists at this link.

Los Angeles Lakers governor Jeanie Buss is legally contesting her siblings’ plan to sell the family’s remaining 17.8% minority ownership stake in the team to Josh Kushner and Bob Iger, according to a letter obtained Monday by the Associated Press.

ESPN and The Athletic first reported that the siblings had voted to sell the family trust’s remaining interest in the 17-time NBA champion team purchased by their father, Jerry Buss, in 1979. The decision would end Jeanie Buss’ tenure as the Lakers’ governor because that job requires at least 15% ownership of the team.

Jeannie Buss’ attorney, Adam Streisand, wrote to representatives for her five siblings to state that any decision to sell the family trust’s ownership stake could not be “effectuated without approval of the current co-trustees, Jeanie, Janie and Joey Buss.”

The letter further states that the co-trustees “are bound to vote the Los Angeles Lakers, Inc. shares to ensure that the minimum 15% ownership requirement is maintained in order to ensure that Jeanie Buss may remain Controlling Owner. Any attempt by the co-trustees to do otherwise, and any attempt to aid or abet the co-trustees as such, would constitute a breach of trust, breach of fiduciary duty and be in contempt of court.”

Jeanie Buss has been the Lakers’ governor since Jerry Buss’ death in 2013, and she led the family’s decision to sell a controlling stake in the Lakers to Dodgers owner Mark Walter last year at a valuation of $10 billion. Walter, who is under federal investigation for tax issues, abruptly reached a deal earlier this month to flip the Lakers to Kushner and Iger at a valuation of $12.5 billion, another record for a pro sports team.

Venture capitalist Kushner and former Disney CEO Iger are reportedly buying about 65% of the team from Walter. They would own about 83% if they reach a deal with the Buss siblings — and Jeanie Buss would lose the governor role that she had been slated to keep at least through 2030 under the deal with Walter.

Sibling rivalry

The siblings have been in frequent conflict since their father’s death, with Jeanie firing Jim from his job as the Lakers’ head of basketball operations in 2017, followed a week later with a lawsuit against her brothers amid an attempt by Jim and Johnny to oust Jeanie from her role as the Lakers’ controlling owner.

Not all of the six Buss siblings — Jeanie, Jim, Johnny, Janie, Joey and Jesse — were in favor of the deal despite retaining their family trust’s minority ownership stake, and Joey and Jesse were fired from their front-office jobs with the team last November.

The siblings say they voted this month to sell their family’s remaining interest in the Lakers, but Jeanie Buss claims any vote is void. ESPN reported that Jeanie Buss was the only sibling who didn’t support the final sale.

“We have decided as a family to sell the remaining Buss Family Trust shares to the Bob Iger group as part of the ongoing transaction,” the Buss family said in a statement. “We love the Lakers, Laker fans and will continue to support Los Angeles, but it is time to use this opportunity to move on and exit gracefully while we still can.”

In his letter, Streisand said Joey and Jesse Buss have leaked information to ESPN for many years “for the malicious purpose of doing harm to the Los Angeles Lakers so long as Dr. Buss’s chosen successor, Jeanie Buss, carries out her father’s wishes.”

Jerry Buss was a chemist and real estate investor who bought the Lakers, the NHL’s Los Angeles Kings and the Forum arena from Jack Kent Cooke for $67.5 million. The Lakers quickly entered a renaissance in which they became known for their flashy “Showtime” style of play while winning five NBA titles between 1980 and 1988 behind Magic Johnson and Kareem Abdul-Jabbar.

While the NBA and professional sports became increasingly more corporate, the Lakers remained essentially a family business despite their massive profile and steady success. Jerry Buss and the Lakers have employed many of the basketball world’s greatest players and coaches of the past five decades, and Kobe Bryant led the Lakers to five additional championships between 2000 and 2010 before LeBron James added the 17th in 2020.

The sale agreement with Kushner and Iger still must be approved by the NBA’s board of governors, and the process could take months.

Topline:

Cost-of-living: Latinos favored Democrats by 34% when it came to the question about who's better handling cost-of-living. “ It is the economy, cost of living and affordability that is, by a far measure, the issue driving Latino voters and Latino sentiments,” said Mike Madrid, Republican political consultant and founder of the Latino Working Class Project.

More support for Dems? No. This does not mean Latino voters are completely satisfied with how Democrats are running things in California.  "They are just as unhappy with Democrats,” said David Binder, founder of David Binder Research, which helped conduct the poll.

What this means for the gubernatorial race: An overwhelming amount of Latino voters are supporting Xavier Becerra over Steve Hilton, 72% to 24%.  ”If Xavier Becerra wins the election in November, it'll be incumbent upon him to prove that he is also working on behalf of Latino voters and all working class voters to help bring down costs and make things more affordable,” Binder said.