Key Pillars

Affordable Housing

1.

  • Own 1,500 affordable units today

  • 1,500 high-quality affordable units will be built or rehabbed over the next 2-3 years

  • $30 million spent on improvements to properties

  • 2/3rds of tenants receive subsidies; out-of-pocket rents average <$500

  • Developed a home for youth aging out of foster care system into permanent housing 

Community

Engagement

2.

  • SoLa continues to engage local leaders in prioritizing projects with high community impact

  • Currently developing 18 ground-up projects with over 50K SF of open community space

  • All SoLa projects meet new CA green building requirements (30%+ reduction in water /heating)

  • Over 50 partnerships with local nonprofits (some as tenants)

Access to Opportunity

3.

  • Over 300 South LA youth have participated in SoLa programs, introducing them to various careers and opportunities

  • In 2019, SoLa awarded nearly $100,000 in scholarships for young scholars of the community through SoLa I CAN

  • SoLa provides financial literacy, college training & prep resources to tenants and youth in the community (via partners)

  • SoLa Tech & Esports Development Center will teach local LA youth digital skills, media, & coding

Jobs & Economic Development

4.

  • Development of OZ Campus will bring 700+ jobs to South LA by 2021

  • The Beehive campus will serve as an incubator for organizations that offer local, skilled jobs – including vocational training

  • 300+ construction and maintenance jobs created by SoLa

  • 11 businesses operate in SoLa owned commercial spaces

  • 30% of SoLa’s employees are from the South LA community; 70% of contractors

SoLa Impact

8629 S. Vermont Ave

Los Angeles, CA 90044

Tel. 323-306-4648  I  Fax: 323-306-4647  I  info@solaimpact.com

© 2020 SoLa Impact