SoLa Impact has raised over $250 million in its fourth fund and aims to scale up affordable and workforce housing development in California’s Black and brown communities. CalSTRS’ commitment through Belay Investment Group represents the first real estate investment by...
On any given night in Greater Los Angeles some 66,436 people are homeless, a 16.1% increase in LA over 2019 according to the Los Angeles County Homeless Services Agency. South LA hosts the second highest number of any area in the county. And that was before the...
During COVID-19, SoLa Impact and our non-profit affiliate, The I CAN Foundation prioritized closing the digital divide in South Los Angeles by working to increase access to technology and internet connectivity. In March 2020, SoLa polled tenants and found an enormous...
SoLa Impact recently began a new pilot building project in our ground-up affordable housing portfolio in South LA. Panelization, the construction of building sections in remote locations and transported to building sites for construction, allows Sola Impact to build...
SoLa Impact, a leading urban real estate fund, announced the launch of its $1 billion ‘Black Impact Fund,’ which will invest exclusively in Black and Brown communities in major urban markets. The fund will be comprised of a $500 million Opportunity Zone...
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