Industry News
On The Move: Senior Official Leaves Mayor’s Economic Team To Pursue New Opportunity With Amazon
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 similar role with one of…
United Way of Greater Los Angeles Launches $62M Affordable Housing Initiative
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 homes for nearly 600 people.…
New California Budget Includes $50M For First State-level CDFI Fund
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 Development Financial Institution (CDFI) fund. This…
LA County Supervisors Unanimously Approve Plan To Return ‘Bruce’s Beach’ To Descendants Of Rightful Owners
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 of the land in the…
South Los Angeles Takes Center Stage At 22nd Annual Urban Marketplace
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 the city’s most underinvested communities.…