Industry News
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.…
Affordable Housing Veteran Mia Jackson Joins Skid Row Housing Trust As Vice President
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 more than 20 years of…
‘Innovative’ Affordable Housing Development In South LA To Receive $20M Investment
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 funding will reportedly be broken…