Several Los Angeles council members have proposed to ban political contributions from real estate developers while they are seeking city approval for their projects, reports David Zahniser and Emily Alpert Reyes of the Los Angeles Times.
The proposal signed by City Council members David Ryu, Joe Buscaino, Paul Krekorian, Paul Koretz and Mike Bonin would direct the Los Angeles City Ethics Commission to draft a new law that would prohibit donations from development companies and their principals during and shortly after city reviews of their building projects.
The ban comes on the heels of a Times series about the influx of political contributions from real estate developers as their projects are reviewed at City Hall.
Backers of the measure contend that a “pay-to-play” culture at City Hall has paved the way for oversized developments that degrade neighborhoods. Opponents counter that Measure S would cost jobs and exacerbate a city housing crisis, stunting growth and causing rents to surge higher.