Some of the country’s most intense “battles” around gentrification – commonly defined as the renovation or reinvigoration of communities or areas thru the influx of new residents and businesses which leads to the displacement of long-term residents from those same communities or areas – are currently being waged in predominantly Black South L.A. neighborhoods such as Leimert Park, View Park and Windsor Hills.
The Los Angeles City Council voted today to allow only affordable units to be built on city-owned land slated for housing.
Groundbreaking ceremony for Casa De Rosas gives former vets and their families a second chance
As a candidate, President Donald Trump promised if elected that deregulation of the federal government would be an administration priority. Soon after taking the oath of office, he issued an executive order requiring that all departments and agencies to eliminate two existing regulations for every one new regulation proposed. In some cases, rules that were adopted prior to his term office but had not yet taken effect were either suspended or delayed.
Next to Rolland Curtis Gardens is near Expo Line in South L.A.
In an agreement with Airbnb vendors in Los Angeles, the City Council today approved a plan to create a compliance platform with the company under the city’s short-term rental ordinance.
4252 Crenshaw, which included the demolition of an existing one-story automobile repair center, is a four-story building featuring 111 residential units and 13 live/work units. The successful completion of 4252 Crenshaw can be, in large part, attributed to the several year long community engagement effort focused on incorporating feedback and ideas from local stakeholders.
Property tax relief is available for homeowners impacted by current and recent fires, as well as by flooding, earthquakes, and other calamities. In many cases, the damaged property can be reappraised in its current condition, with some taxes refunded to the property owner. Once rebuilt, the property’s pre‑damaged value will be restored.
On Oct. 15, the City Council took swift and bold action to come to the aid of thousands of tenants facing massive rent increases by approving a motion co-introduced by Councilmembers Curren Price and Mitch O’Farrell to ban “no-fault” evictions.
For more than a decade, economists, lawmakers, and others have heralded the nation’s economy. Often citing how unemployment has declined as new jobs have been created, or Wall Street trading and major bank profits rising, some might be led to believe that all is well in America.
A beer garden/brewpub, a gym and a 12-screen movie theater complex were announced today as the first three tenants at the Hollywood Park entertainment district that will surround the newly dubbed SoFi
Stadium in Inglewood.
According to the National Association of Real Estate Brokers (NAREB) wealth building usually begins with that first investment in owning your own home. Whether you purchase a first-time “starter” home or inherit a property or residence, you start down the road to building wealth. But something has changed in the Black community. The U.S. Census Bureau’s latest statistics indicate that the Black homeownership rate has dropped once again.
The $1 billion pledge is part of a larger effort for the bank to overhaul its philanthropic strategy
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. “The Federal Housing Administration is critical to our housing market and helps to promote homeownership for underserved borrowers, including first-time and minority homebuyers,” said Chairwoman Waters. “Unfortunately, we continue to see significant problems with the servicing of FHA loans that unnecessarily put homeowners at risk of
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.