'I am honored to participate in today's event and to work with leaders like Dolores Huerta, one of the most important and accomplished champions for justice in this country, to bring a new day to our city,'' Bass said in a statement.
"In order to confront the homelessness crisis head-on and see results, we must build more housing -- that's why today's opening is so important. I am honored to participate in today's event and to work with leaders like Dolores Huerta, one of the most important and accomplished champions for justice in this country, to bring a new day to our city,'' Bass said in a statement.
"Thank you to SDS Capital Group, RMG Housing and all of our partners who have worked to make this opening possible. Together, we will bring an end to this crisis."Sign up for NBC LA newsletters. The Supportive Housing Fund aims to more quickly finance and construct permanent supportive housing through a private equity model.
The fund has financed 10 permanent supportive projects, eight of which are being developed in Los Angeles. The Dolores Huerta Apartments is the first to be completed and ready for tenant occupancy. La Franchi announced the SDS recently opened the fund to investors and over the past 60 days, which resulted in an additional $35 million from investors to increase fund capitalization to $185 million.Get Los Angeles's latest local news on crime, entertainment, weather, schools, COVID, cost of living and more. Here's your go-to source for today's LA news.
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