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SoLa Impact’s “Black Impact Fund” anchored by $50M Commitment from CalSTRS

SoLa Impact’s “Black Impact Fund” anchored by $50M Commitment from CalSTRS

by Tina Quillen | Mar 1, 2022 | SOLA

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...
SoLa Impact Employs a “Housing First” Approach to End Homelessness

SoLa Impact Employs a “Housing First” Approach to End Homelessness

by Tina Quillen | Apr 23, 2021 | SOLA

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...
SoLa Impact Raises $500,000 to Supply 1,000 Families with Internet for 1,000 days

SoLa Impact Raises $500,000 to Supply 1,000 Families with Internet for 1,000 days

by Tina Quillen | Mar 31, 2021 | SOLA

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’s Modular Construction Proves Effective in Housing Development

SoLa’s Modular Construction Proves Effective in Housing Development

by Tina Quillen | Jan 28, 2021 | SOLA

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...
Leading Minority-Led Fund Manager Launches $1 Billion ‘Black Impact Fund’

Leading Minority-Led Fund Manager Launches $1 Billion ‘Black Impact Fund’

by Tina Quillen | Dec 3, 2020 | SOLA

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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Recent Posts

  • SoLa Impact’s “Black Impact Fund” anchored by $50M Commitment from CalSTRS
  • SoLa Impact’s Black Impact Fund Receives $25 Million Investment from PayPal to Address Racial Equity Through Affordable Housing
  • Riot Games Partners with SoLa Impact’s I CAN Foundation to Fund South LA’s First Technology and Entrepreneurship Center
  • SoLa Impact Partnership with HOPICS Brings Hope to Formerly Unhoused in South Los Angeles
  • 120 SoLa Residents Receive Free Laptops and WiFi Hotspots at Digital Inclusion Week Event with Special Guest Los Angeles Mayor Garcetti

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