Sola Impact

    0
    Sola Impact
    Go Back
    Report Abuse
    SoLa Impact Logo
    683A2F82-D4E6-4537-81A3-9DB54A02B2E0
    35B81DC8-9238-49BC-BEFB-CBC47DC35DB3
    19A464CE-C6CB-4C99-9EF8-B51369838CFD
    56DB0CD0-4853-466E-A734-AC52FAE26C07
    3631A46E-6CA4-40AE-B73D-06AFFB415550
    7AA8F81C-4A7D-41C8-AF2B-F01C698B4837
    472A9CE3-4E35-4B49-967F-E1F78AF18A3D
    AC6D14D4-0E4A-45B4-8E95-6894B1C5360D
    SoLa Impact Logo
    683A2F82-D4E6-4537-81A3-9DB54A02B2E0
    35B81DC8-9238-49BC-BEFB-CBC47DC35DB3
    19A464CE-C6CB-4C99-9EF8-B51369838CFD
    56DB0CD0-4853-466E-A734-AC52FAE26C07
    3631A46E-6CA4-40AE-B73D-06AFFB415550
    7AA8F81C-4A7D-41C8-AF2B-F01C698B4837
    472A9CE3-4E35-4B49-967F-E1F78AF18A3D
    AC6D14D4-0E4A-45B4-8E95-6894B1C5360D

    Sola Impact

    Location

    8629 S. Vermont Ave, Los Angeles, CA 90044, United States of America

    SoLa Impact is a family of social impact, real estate funds focused on high-quality affordable housing, catalyzing economic development, and providing access to educational opportunities in low-income communities. SoLa Impact was recently recognized as the nation’s leading Urban OZ fund by Forbes & the Sorenson Impact Center. We leverage robust, data-driven social impact strategies to not only improve the communities we invest in, but to deliver superior financial returns.

    SoLa Impact currently owns and manages a portfolio of 1,500+ apartments in the greater South Los Angeles area. With multiple projects in various stages of rehab, construction, and pre-construction, we are positioned to build and renovate another 1,500 affordable units with our current pipeline of Opportunity Zone projects. In addition, we acquired and are rehabbing “The Beehive”, SoLa’s Opportunity Zone Business Campus that has garnered nationwide attention.

    We believe the most effective way to impact key societal issues such as homelessness, the cycle of poverty, access to education, and the lack of economic opportunities lies in leveraging measurable, data-driven social impact strategies. We gain insight from the data to connect our tenants with resources from our partners and internal programs to help ensure their success. Approximately 85% of our tenants come from disadvantaged backgrounds:

    53% were formerly homeless

    70% hold a housing subsidy

    33% are survivors of domestic violence

    60% live below the poverty line

    SoLa strives to prevent homelessness, break intergenerational poverty, create jobs, and help revitalize the underinvested communities of South LA. With our philosophy to uplift, not uproot, SoLa provides tenants with access to workforce training, job placement, financial literacy, and educational opportunities designed to enhance their health, well-being, job skills, and economic trajectory.

    Contact Information

    Address
    8629 S. Vermont Ave, Los Angeles, CA 90044, United States of America
    Zip/Post Code
    90044
    Social Information

    Video

    Author Info

    URBN SOCIAL

    Member since 6 years ago
    View Profile

    There are no reviews yet.

    Leave a Review

    Your email address will not be published. Required fields are marked *

    Previous article Klur
    Next article Curly Queen Kit
    Welcome to URBN SOCIAL, a new media platform providing people of color in need of online marketing, advertising, promotional services, news, and a global business directory specifically for black, brown, and indigenous businesses.

    There are no reviews yet.

    Leave a Review

    Your email address will not be published. Required fields are marked *