LA Is Spending $1 Billion a Year on Homelessness — an NGO Is Making Sure It Never Gets Fixed July 14, 2026 by hamza ADVERTISEMENT the consequences of all three. One billion dollars a year. Skid Row looks exactly like it did a decade ago. California doesn’t have a homelessness problem. It has a corruption problem. The homelessness is just the most visible symptom. ADVERTISEMENT ←PreviousNext→