A $1.2 billion program intended to quickly build housing for Los Angeles' homeless population is moving too slowly while costs are spiking, with one project under development expected to hit as much as $837,000 for each housing unit. The spending approved by voters in 2016 was a centerpiece of the strategy to get thousands of people off the streets. The tally of units built so far is woefully inadequate in the context of the homeless crisis, according to the audit issued by the city controller. The population of homeless people has increased to an estimated 41,000 in the last few years. Many are drug addicted or mentally ill. Galperin said in a letter accompanying the report that the program is unable to meet the demands of the homelessness crisis. He said that the pace of development is slow, while the cost of each unit continues to rise. Studios or one-bedroom apartments are the majority of the units. One project in pre-development is estimated to cost almost $837,000 per unit, and 14 of the units build over $700,000 each, according to the audit. According to the audit, higher prices for construction materials during the Pandemic could be contributing to rising costs. The program, formally known as the 2016 ballot proposition, was not off track according to the mayor. There are already 1,200 units online providing critical housing and services. HHH will deliver over 10,300 units of supportive and affordable housing by the year 2026. John Maceri, chief executive of the People Concern, one of L.A.'s largest nonprofits serving the homeless, agreed with the finding that the city needs to build housing faster and cheaper. He warned the program was only a small fraction of the money needed to complete projects. Maceri said that innovative financing, cutting red tape and incentives for developers to aggregate funding are the solutions to the problem. At a time when homelessness is a dominant issue in the city's mayoral election, with a large field of candidates promising to do more on an issue that has placed Los Angeles in an unwanted national spotlight, the audit arrives. From Hollywood to Venice Beach to the shadow of City Hall, homeless people's tents, RV's and makeshift structures have become familiar sights. In the final year of his second term, the man who was nominated by the president to become ambassador to India is. He can't run for re-election because of term limits. All of the state's major cities and many smaller communities have been allocated record sums to combat homelessness. Over the course of two years, the state is giving $12 billion on homelessness programs. The budget shows that the city spent $10 million treating homeless people when Garcetti took office. The budget he signed last year was over $1 billion. Voters are angry and frustrated by the inability of the government to clear the streets, parks and sidewalks of homeless people. Donald Trump never acted on the threat he made in 2019. San Francisco's progressive mayor, London Breed, last month declared a state of emergency in the city's Tenderloin district after becoming fed up with the homeless and open drug-peddling there. In LA, the audit said the HHH project includes 8,091 housing units, most with connected services for mental health and substance abuse treatment, spread across 125 projects. 4,200 are in construction. There are funds outside of the HHH program that are being used. Billions more in spending would be needed in the future according to the audit. While future plans have not been finalized, building tens of thousands of additional units using the same model will likely cost billions of dollars and will take far too long to match the seriousness of the homeless emergency, according to the audit. 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