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PayPal Makes $25M Investment Into SoLa Impact’s Latest Affordable Housing Fund
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 ability to scale the production of high-quality affordable housing, is part of PayPal’s $535 million commitment to advance…
Plans Submitted To Build 48 Units Near Slauson and Western
A West Los Angeles-based developer is seeking approval to develop a 48-unit apartment building at the corner of Slauson Avenue and St. Andrews Place in South LA. According to the plan submitted to the city by Farzad Essapour of…
Martin Luther King, Jr.’s Fair Housing Legacy: How Testing Played A Role In The Civil Rights Movement
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 in the fair housing movement. During the early 20th century, Black Americans were systematically deprived of…
YOLA Center Makes Its Official Inglewood Debut
The Youth Orchestra of Los Angeles (YOLA) held a ribbon cutting ceremony over the weekend to officially open the $14.5M performing arts center in Inglewood. Thanks to the leadership gift from Judith and Thomas I. Beckmen, acclaimed architect Frank Gehry…
Moving Forward: Jordan Downs Redevelopment Reaches Another Milestone
Progress continues with the $1B Jordan Downs redevelopment, as a $43M five-story building at Century Blvd and Grape Street is now fully framed. Developed by BRIDGE Housing Corp, the building will feature 97 one to four-bedroom units, ranging in price…