Saturday, August 24, 2019
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Real Estate
Chair of the House Committee on Financial Services Maxine Waters Introduces FHA Foreclosure Prevention Act
July 29, 2019
Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, introduced legislation that would help prevent foreclosures for borrowers with Federal Housing Administration (FHA) mortgages by strengthening requirements for and increasing oversight of FHA mortgage servicers so that every homebuyer with an FHA mortgage is given a fair chance at avoiding foreclosure. ... read more »
Airbnb Partners with NHS to Support its Home Rehabilitation Loan Program in South LA
July 25, 2019
Airbnb has partnered with Neighborhood Housing Services of Los Angeles County (NHS) to support its long standing “Don’t Move, Improve” program. This home rehabilitation loan program provides South LA homeowners with an opportunity to access no-interest and low-interest loans to improve their largest asset: their homes. Qualified applicants could have access to the funds they need to make long-overdue repairs like upgrading plumbing, painting or landscaping, and upgrading a bathroom.  ... read more »
Culver City Council Plans to Assess Portion of Inglewood Oil Field
July 18, 2019
The amortization process will supply information for the city council to move forward with regulating their portion of the oil field. ... read more »
Bank of America Offers Grants to Make Homeownership More Affordable in Greater Los Angeles Area
June 27, 2019
Bank of America is bringing its new Down Payment Grant program to Southern California as part of its recent $5 billion commitment to help more than 20,000 individuals and familiesbuy a home. The new program and existing offerings are together called the Community Homeownership Commitment. ... read more »
Devastating LA Homeless Count Underscores Need for Santiago Bill to Speed Emergency Housing Projects
June 21, 2019
A bill that would expand CEQA exemptions for certain supportive housing projects crossed a significant hurdle in the California Senate this week, earning unanimous support in the Environmental Quality Committee. AB 1197, authored by Assemblymember Miguel Santiago (D-Los Angeles), would ensure that state and local funding to build temporary and supportive housing projects can be spent more quickly and efficiently in the city of LA. ... read more »
L.A. County Aims to Sign Up Motels to House Chronically Homeless
June 20, 2019
Supervisor Janice Hahn recommended exploring master lease agreements with motels and also seeing whether the same motel parking lots could be safe parking sites for homeless people living in their cars or recreational vehicles. ... read more »
Reparations Must Include the Costs of Predatory Lending New University Studies Track High Costs of Discriminatory Housing
June 7, 2019
In recent years, the spate of homicides linked to questionable uses of deadly weapons and/or force, have prompted many activist organizations to call for racial reparations. From Trayvon Martin’s death in Florida, to Michael Brown’s in Missouri, Eric Garner’s in New York and many other deaths -- a chorus of calls for reparations has mounted, even attracting interest among presidential candidates.   ... read more »
A Tradition of Organizing
June 6, 2019
As young student activists and organizers in Ohio and Los Angeles in the early 1970s, my parents were a part of a rapidly-growing movement within the Black community that sought to create the kinds of community institutions we knew we needed in order to prosper and thrive. ... read more »
New Study Evaluates Shared Equity Housing Program Performance, Nationwide Impact 33-Year Report Highlights Economic Benefits, Lasting Affordability for Lower-Income Households of Color
May 24, 2019
Shared equity homeownership promotes sustainable wealth-building opportunities and lasting affordability for lower-income households, according to new research published by the Lincoln Institute of Land Policy in partnership with Grounded Solutions Network. ... read more »
Congressman Wm. Lacy Clay Scores Major Victory for Affordable Housing after Federal Housing Finance Agency Finally Releases Over $367 Million in Delayed Payments
April 24, 2019
Congressman Wm. Lacy Clay WASHINGTON, DC – After an urgent effort by Congressman Wm. Lacy Clay (D) Missouri, the Federal Housing Finance Agency has released payments of over $367 million to two vital programs that support access to affordable housing.  ... read more »
New Development will Provide 50 Units of Affordable Supportive Housing for Chronically Homeless Transitioning Youth and Families
April 23, 2019
Councilman Curren Price celebrated alongside the  ...  (CRCD) and LA Family Housing (LAFH) the groundbreaking of Residences on Main, a development which will provide 50 units of affordable supportive housing for chronically homeless Transition Age Youth and families experiencing homelessness. ... read more »
Councilmember Harris-Dawson and Mayor Garcetti Break Ground on New Bridge Housing in Council District Eight
April 18, 2019
Councilmember Marqueece Harris-Dawson and Mayor Garcetti broke ground today on a new emergency bridge housing facility that will provide beds for 100 homeless Angelenos at a time, and offer on-site supportive services to help them transition into permanent housing. The project will be the first of Mayor Garcetti’s “A Bridge Home” sites to open in South L.A. ... read more »
After 51 Years, Fair Housing Still an Unfinished Journey
April 11, 2019
... headline news articles reminded the nation that housing discrimination still exists. ... read more »
Hud Awards $3,200,000 to Help Families Reach Self-Sufficiency in the Greater Los Angeles Area
February 15, 2019
U.S. Housing and Urban Development (HUD) Secretary Ben Carson today awarded $74 million to hundreds of public housing authorities across the country, including $3,226,852 to 14 public housing agencies in the Greater Los Angeles Area, to continue helping public housing residents participating in the Housing Choice Voucher Program and/or reside in public housing to increase their earned income and reduce their dependency on public assistance and rental subsidies. Read more about the local impact of the grants announced. ... read more »
Proposed Broadway and Manchester Corridor Investment Project a part of the Redevelopment of South East L.A.
January 31, 2019
The project will transform 2.8-miles of Manchester Ave and Broadway, located in South Los Angeles, into a safe and vibrant street. ... read more »
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