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Home News Investigations

LA’s $2.3B Homeless ‘Plan’—A Masterclass in Turning Cash into Cardboard

PGMN Staff by PGMN Staff
March 28, 2025
in Investigations, News
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LA’s $2.3B Homeless ‘Plan’—A Masterclass in Turning Cash into Cardboard
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An audit revealed this week that Los Angeles has “lost” $2.3 billion in homeless funding.

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Yes, folks, the same city that gave us $18 avocado toast and a ban on backyard BBQs because smoke is traumatic has misplaced enough cash to build a Death Star.

A Peter Griffin-Level Confessional

The LA Controller’s Office report reads like a Peter Griffin confessional:

“We spent $2.3 billion and we have no idea where it went. But trust us, we’re this close to solving homelessness!”

They’re not.

Since 2016, LA’s homeless population has surged 62%, a stat that pairs nicely with their “investment” in sidewalk tents that double as Airbnbs for rats.

Where Did The Money Go? Let’s Check the ‘Priorities’

The spending spree includes:

  • $683 million on “administrative costs”—translation: woke-adjacent consultants who’ve never met a fidget spinner they couldn’t allocate funds for.
  • $1.2 billion on “services” that sound like rejected GoFundMe campaigns.
  • Needles? Free.
  • Kale salads at outreach events? Covered.
  • Actual housing? LOL, here’s a voucher for a bus ticket to Phoenix.

Compare that to Houston, which reduced homelessness by 63% using boring, right-wing things like data and accountability.

But LA? They’re too busy debating whether to call tents non-permanent domiciles or tiny minimalist studios.

Imagine if Netflix burned $2.3 billion on a Barbie sequel—that’s LA’s homeless policy.

Tags: $2.3Bhomeless fundslos angeles
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PGMN Staff

PGMN Staff

Peanut Gallery Media Network is the fastest-growing digital media platform in the Philippines — built by creators, powered by real voices, and driven to disrupt. From politics to pop culture, we cover the stories that actually matter, with the tone and energy today’s audience deserves.

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