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The Ad Hoc Committee reviewed a report on United to House LA (ULA) revenues and program outcomes and heard a presentation on potentially bonding ULA funds. The committee continued the report item to a future date and took no action on the bonding presentation.
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Committee members reviewed how Measure ULA money is collected and spent but did not decide on any changes. A consultant outlined a proposal to issue bonds using ULA funds (borrowing now against future Measure revenues), but the committee did not act on that idea. No immediate changes to ULA programs or tenant services were made; any future changes would require more committee or City Council action.
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