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For Avanath CEO Daryl Carter, A $220M Investment In Baldwin Village Is Really All About Community
As real estate investors continue to ‘discover’ untapped potential in South Los Angeles, skyrocketing home prices and unsustainable rent growth have fueled legitimate concerns over displacement among long-time residents in the historically Black and Latino community. Against that backdrop, the…
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 the most powerful business brands the world – Amazon. As…
Crenshaw Blvd Site Prepped To Begin Construction On $20M Mixed-Use Building
According to recent reporting, Los Angeles-based developer Haroni Investments is set to start construction on a new $20M mixed-use building in the Crenshaw district. Located at 5144 S Crenshaw Boulevard, the five-story development will feature 79 one- and two-bedroom units, 3,400…
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. The initiative aims to provide a more cost-effective solution to…
Linc Housing Holds Grand Opening Celebration For Another 64 Supportive Units in Watts
Alongside Congresswoman Maxine Waters, Los Angeles Mayor Eric Garcetti, and officials from Linc Housing joined with new residents to celebrate the grand opening of a new 64-unit supportive housing community in Watts. Tammy, one those new residents, hasn’t had a stable…