Los Angeles city officials consider ousting Skid Row Housing Trust receiver
LOS ANGELES — Los Angeles city officials are recommending the removal of a receiver brought on to rehabilitate 29 distressed buildings operated by the defunct Skid Row Housing Trust and oversee the welfare of about 1,500 low-income tenants.
With the receivership facing a financial meltdown, the Los Angeles Housing Department also recommended that the City Council authorize a $10-million loan to maintain and repair the buildings and pay receivership costs for several more months.
Recapping a litany of disputes with receiver Mark Adams over his alleged lack of progress and inability to obtain credit at reasonable rates, Housing Department general manager Ann Sewill said the loan should be conditioned on Adams’ removal.
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