Mark Adams, the receiver responsible for overseeing 1,500 tenants in Skid Row, resigned Thursday after a turbulent three-month tenure.
under Adams’ receivership in which property owners lost their homes, tenants were left at risk of eviction and he overbilled by six-figure amounts.
Adams pushed back on the city’s claim that fire safety has deteriorated under his tenure, saying that almost all the buildings had problems before he was appointed. “To say that the lack of funds is a problem is an understatement,” Adams said. “Because it is the problem.” “It’s become a situation where I have the city in one corner and the receiver in another and I have a lot of people around the ring,” Beckloff said. “But at the heart of it are 1,500 people who are at risk of becoming unhoused.”The Skid Row Housing Trust was a model for nonprofits housing homeless people in Los Angeles. Behind the scenes, it was imploding — leaving tenants in squalor.
City officials and Singer, who appeared virtually in court Thursday, developed the new $10-million budget by projecting that more than half of the trust’s affordable housing complexes — the newer and more valuable properties — would be transferred to other nonprofit housing providers over the next few months. Already, Beckloff has approved the exit of six such buildings to PATH Ventures and another to LA Family Housing.
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