Skid Row Housing Trust is in financial trouble

Tents lined up on San Pedro St. on Skid Row, downtown Los Angeles in April 2021.

(Robert Gauthier / Los Angeles Times)

Skid row’s flagship owner and operator of subsidized housing is on the verge of financial collapse and seeking a lifeline to keep its doors open for more than a thousand low-income tenants.

Skid Row Housing Trust, a pioneer in the decades-old movement to revive aging downtown real estate as homeless housing, has been working with other housing providers to take over its 29 buildings.

Read more at LA Times.