“A Los Angeles-based healthcare nonprofit known for funding controversial ballot measures is waging an expensive battle with the real estate industry over rent control in California.
The AIDS Healthcare Foundation has poured more than $12 million into a November initiative it’s spearheading to let cities and counties regulate rental fees in buildings that state law currently shields from such control.
A $10 million contribution the foundation reported Wednesday made the initiative the most expensive on the 2018 ballot so far.
Started in 1987 to provide hospice care to AIDS patients, the AIDS Healthcare Foundation has grown into a global healthcare organization similar in size to Planned Parenthood. The group also has waded into politics, bankrolling measures ranging from prescription drug pricing to housing policy, as well as lobbying at the state and federal level.”