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Please note that data are cataloged by fiscal years. For more info see our user guide.

City of Los Angeles, CA Revenue Losses from Subsidy Programs

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YearProgram NameProgram TypeGross Revenue LossReimbursement / offsetNet Revenue LossType of Loss
2019Convention Center Headquarters Hotel ProjectGeneral Economic Development$12,800,000$0$12,800,000Active
2020Convention Center Headquarters Hotel ProjectGeneral Economic Development$10,100,000$0$10,100,000Active
2021Convention Center Headquarters Hotel ProjectGeneral Economic Development$2,300,000$0$2,300,000Active
2017Development Incentive Program: 901 Olympic North Hotel ProjectGeneral Economic Development$4,500,000$0$4,500,000Active
2018Development Incentive Program: 901 Olympic North Hotel ProjectGeneral Economic Development$4,100,000$0$4,100,000Active
2019Development Incentive Program: 901 Olympic North Hotel ProjectGeneral Economic Development$4,100,000$0$4,100,000Active
2020Development Incentive Program: 901 Olympic North Hotel ProjectGeneral Economic Development$3,100,000$0$3,100,000Active
2021Development Incentive Program: 901 Olympic North Hotel ProjectGeneral Economic Development$1,300,000$0$1,300,000Active
2017Development Incentive Program: Convention Center Headquarters Hotel ProjectGeneral Economic Development$12,500,000$0$12,500,000Active
2018Development Incentive Program: Convention Center Headquarters Hotel ProjectGeneral Economic Development$12,800,000$0$12,800,000Active
2021Development Incentive Program: Grand Avenue Hotel ProjectGeneral Economic Development$149,600,000$0$149,600,000Active
2018Development Incentive Program: Metropolis Hotel ProjectGeneral Economic Development$2,400,000$0$2,400,000Active
2019Development Incentive Program: Metropolis Hotel ProjectGeneral Economic Development$3,600,000$0$3,600,000Active
2020Development Incentive Program: Metropolis Hotel ProjectGeneral Economic Developmentnot reportednot reportednot reportedActive
2021Development Incentive Program: Metropolis Hotel ProjectGeneral Economic Development$1,800,000$0$1,800,000Active
2018Development Incentive Program: Village at Westfield Topanga ProjectGeneral Economic Development$2,600,000$0$2,600,000Active
2019Development Incentive Program: Village at Westfield Topanga ProjectGeneral Economic Development$1,300,000$0$1,300,000Active
2020Development Incentive Program: Village at Westfield Topanga ProjectGeneral Economic Developmentnot reportednot reportednot reportedActive
2021Development Incentive Program: Village at Westfield Topanga ProjectGeneral Economic Development$1,300,000$0$1,300,000Active
2018Development Incentive Program: Wilshire Grand Hotel ProjectGeneral Economic Development$4,300,000$0$4,300,000Active
2019Development Incentive Program: Wilshire Grand Hotel ProjectGeneral Economic Development$10,400,000$0$10,400,000Active
2020Development Incentive Program: Wilshire Grand Hotel ProjectGeneral Economic Developmentnot reportednot reportednot reportedActive
2021Development Incentive Program: Wilshire Grand Hotel ProjectGeneral Economic Development$2,600,000$0$2,600,000Active
2017Mills Act Historical Property AgreementsHistoric Preservation$1,300,000$0$1,300,000Active
2018Mills Act Historical Property AgreementsHistoric Preservation$1,400,000$0$1,400,000Active
2019Mills Act Historical Property AgreementsHistoric Preservation$1,400,000$0$1,400,000Active
2020Mills Act Historical Property AgreementsHistoric Preservation$1,400,000$0$1,400,000Active
2021Mills Act Historical Property AgreementsHistoric Preservation$2,300,000$0$2,300,000Active
TABULATED TOTAL$255,300,000$0$255,300,000