After 5 years as the Director of Economic Policy for Los Angeles Mayor Eric Garcetti, Ron Frierson recently announced that he will take over a… Read More »On The Move: Senior Official Leaves Mayor’s Economic Team To Pursue New Opportunity With Amazon
United Way of Greater Los Angeles launched a new program, the Affordable Housing Initiative (AHI), with the announcement of $62 million in funding to create… Read More »United Way of Greater Los Angeles Launches $62M Affordable Housing Initiative
In 2019, a Black real estate developer named Brian Rice tried to get a loan to renovate some buildings he purchased on a neighborhood commercial… Read More »The Devaluation of Assets in Black Neighborhoods: The case of commercial property
The 2022-2023 state budget signed by Governor Gavin Newsom on June 30th, included $50M to establish the California Investment and Innovation Fund, a state-level Community… Read More »New California Budget Includes $50M For First State-level CDFI Fund
The Los Angeles County Board of Supervisors unanimously approved a plan to return Bruce’s Beach to the descendants of a Black couple who were stripped… Read More »LA County Supervisors Unanimously Approve Plan To Return ‘Bruce’s Beach’ To Descendants Of Rightful Owners
ULI Los Angeles recently hosted its signature event, the Urban Marketplace, an annual real estate expo created to bring attention to the economic opportunities that exist in… Read More »South Los Angeles Takes Center Stage At 22nd Annual Urban Marketplace
Last week, Skid Row Housing Trust announced that industry veteran Mia Jackson has joined the non-profit company as Vice President of Property Management. Mia brings… Read More »Affordable Housing Veteran Mia Jackson Joins Skid Row Housing Trust As Vice President
The Los Angeles Housing Department (LAHD) announced that the city has been awarded $163.3M from the state to fund six local affordable housing developments. The… Read More »‘Innovative’ Affordable Housing Development In South LA To Receive $20M Investment
SoLa Impact announced that PayPal has made a $25 million investment into the South Los Angeles real estate developer’s Black Impact Fund. The investment which will help increase SoLa’s… Read More »PayPal Makes $25M Investment Into SoLa Impact’s Latest Affordable Housing Fund
While most people are aware of Dr. Martin Luther King Jr. as a Civil Rights Movement leader, fewer are familiar with the role he played… Read More »Martin Luther King, Jr.’s Fair Housing Legacy: How Testing Played A Role In The Civil Rights Movement