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Gavin Newsom’s Billion Dollar Skyscrapers for the Homeless

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Legal plunder. The more billions spent on the homeless, the worse it gets. But it’s your hard-earned money, not theirs and the more these criminals get their cloven hooves on it, the more they steal.

Gavin Newsom and California Democrats keep throwing good money after bad.

Center Square: Federal taxpayers might be on the hook for more than $1 billion over the lifetime of three downtown Los Angeles skyscrapers designed to house the homeless, state records show. State and city programs provide the funding and financial tools to construct the three towers. But federal Section 8 Housing vouchers will be used to repay the state and city and fund private developer fees and investor returns over the 55-year life of the buildings. “Taxpayers are being forced to foot the bill for over $800,000 per unit for homeless housing,” said Howard Jarvis Taxpayers Association Vice President of Communications Susan Shelley in an interview with The Center Square. “There should be an audit to determine if this is genuinely the best option to provide housing or if this is just making a lot of people rich off the taxpayers’ dime” (Center Square).

Utah Senator Mike Lee: Let’s hear it for socialist math: “Gavin Newsom took $26 billion and reduced homelessness from 35,000 to 175,000” (Lee).

Elon Musk: The NGOs are paid almost a million dollars a year per homeless person, so their incentive is therefore super high to maximize the number of homeless people and never do anything that would reduce their number, like stopping the sale of fentanyl. Whatever you incentivize will happen (Musk).


Source: https://gellerreport.com/2025/10/gavin-newsoms-billion-dollar-skyscrapers-for-the-homeless.html/


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