Business Wire
By Antonia Hernández, Sacramento Bee
By Alejandra Salazar, Yahoo News
By Liz Dominguez, RIS Media
By Trisha Riggs, Urban Land Magazine
By Rachel Raskin-Zrihen, Vallejo Times-Herald
The Home L.A. Loan Fund is a one-of-a-kind, risk-free charitable investment option focused on fighting homelessness in Los Angeles County. Donor investments are pooled and used to provide three- or five-year seed capital to organizations building permanent supportive housing units for the chronically homeless. By jump-starting the process, this capital accelerates the pace and scale of production, creating more homes for our neighbors who need them most. All Home L.A. loans are guaranteed by CCF. At the conclusion of the loan, 100% of the initial investment is returned to the donor’s fund, from which any or all of it can be directed back into the Home L.A. Loan Fund or to the charitable fund or organization of the donor’s choosing.
By Amy Chance, The Sacramento Bee
LOS ANGELES – June 20, 2018 – The California Community Foundation (CCF) has awarded $5,750,020, through 54 grants to nonprofit organizations dedicated to creating a healthier, more empowered and more prosperous future for all Angelenos.
By Trisha Riggs, Urban Land Institute Blog
By Lauren Gustus, The Sacramento Bee
Our vision for the future is a Los Angeles where increased opportunity creates shared prosperity. Where dedication, creativity and determination allow individuals and communities to overcome poverty and make their American dreams come true. CCF’s economic opportunity program seeks to support low-income entrepreneurs, small businesses, social enterprises, and nonprofits as they build wealth, create jobs, and revitalize neighborhoods.