Housing Impact Partners LLC (HIP), a community- centered real estate investment and development platform, has officially launched with a mission to forge strategic partnerships to address the housing challenge.
Business
Destination Crenshaw is building economic opportunity in South Los Angeles
The outdoor art exhibit, which celebrates Black culture in Los Angeles, also supports Black-owned businesses and creates jobs for local Black residents.
Tech increases business sales for African Image Beauty Supply and Salon
The use of social media and a stronger online presence has helped this Black-owned business connect with their customers and create new business.
Black business webinars
The Valley Economic Alliance created a YouTube series to help close the capital gap for African American entrepreneurs.
Vision Lab South LA
The inaugural class of 15 entrepreneurs participated in a 12-week business program at the Brotherhood Crusade.
Purchasing power: Leimert Park merchants come together to buy their building
This transaction provides both stability and equity for Black-owned businesses that have been instrumental in Leimert Park’s recent resurgence.
Black Real Estate Dialogue Podcast
The B.R.E.D. podcast highlights the stories of Black investors and host Sam Dolciné has created a real estate investors community to help others enter the field.
Black business renaissance is happening in Los Angeles
Attorney Almuhtada Smith is helping local Black founders take their businesses to the next level.
South Los Angeles takes center stage at the ULI Urban Marketplace
With billions of development dollars pouring into the Crenshaw District, discussions are taking place to ensure that new development adds value to existing residents rather than displacing them.
Kolor Society hosts KolorCon at All In Coworking of Inglewood
This event features an incredible line-up of panelists, moderators, and facilitators to discuss topics such as business, technology, education, politics, art, and entertainment.
The Black Cooperative Investment Fund hires Kaine Nicholas as executive director
The BCIF raises money through community donations and reinvests the funds to small Black-owned businesses.
AAREP partners with One United Bank to host a business mixer at Post & Beam
The African American Real Estate Professionals of Los Angeles brought together a collection of Black professionals to network and socialize.
ALL IN Coworking of Inglewood
A collaborative space, nestled in the heart of Inglewood, dedicated to the complete journey of the entrepreneur.
Resources for Black-owned businesses
Black business owners can obtain information online about grants, loans, and how to secure contracts with major corporations and government agencies.
Virtual Black Business Pitch Competition
The L.A. Black Investors Club and Sip & Sonder host this quarterly competition.
Real estate agent Valerie Norris
The Baldwin Hills native became a real estate agent as she was looking to become a homeowner.
Buy Back the Block L.A.
The community group holds monthly meetings to teach real estate and financial literacy as a way to combat gentrification, and they abide by their slogan, “Don’t sell grandma’s house!”
Battle for the Crenshaw Mall continues
•Baldwin Hills Crenshaw Plaza is more of a community hub than other malls.
•LIVWRK CEO Asher Abehsera discusses community engagement and rumored relationship with Jared Kushner and Donald Trump.
•Some local community groups are supportive of the sale of the mall to LIVWRK.
•Black-led Downtown Crenshaw continues quest to purchase the mall through a community land trust.
Houses are topping $1 million in Los Angeles’ Black communities
While many Black people are being priced out of their own neighborhoods, The Consolidated Board of Realtists is educating locals on how to become home buyers in this expensive real estate market.
Our Piece of the Pie artisan market every Friday night
This Friday night artisan market in downtown features Black vendors and showcases a Black experience.
Black entrepreneurs are turning to crowdfunding for financing
Crowdfunding platforms like GoFundMe have become an alternative to securing bank loans.
Downtown Crenshaw bids for their 40 acres and a mall, but are turned down
The leaders of Downtown Crenshaw are seeking to purchase the Baldwin Hills Crenshaw Plaza and are fighting to stop a group with possible ties to Donald Trump and Jared Kushner from buying it.
Bank Black X
OneUnited Bank CEO Kevin Cohee discusses how Black communities can obtain social justice and close the wealth gap by putting their money in Black-owned banks.
Beyoncé and NAACP support Los Angeles Black-owned businesses
Local Black-owned businesses have been awarded the $10,000 BeyGOOD/NAACP Black-Owned Small Business Impact Fund grant. Find out about additional rounds of funding.
Baldwin Hills Crenshaw Plaza’s New 40+ Acre Suit
During the the 1960s and 1970s, the Crenshaw Center was the place to be. But there is a need for adaptation, which has happened to shopping centers and districts around Los Angeles.
Developer backs out of deal to buy Baldwin Hills Crenshaw Plaza
Local community leaders and groups' pressure to force CIM Group out of the $100 million deal has worked.
Operation Hope helps Black-owned businesses secure financing
The federal government has “$100 billion plus sitting there right now” for small businesses during the COVID-19 pandemic.
COVID-19’s impact on the housing market
Homeowners and renters are relying on government support to weather the storm.
Black-owned small businesses are still waiting on COVID-19 stimulus funds
Working with community development financial institutions may be the key for local businesses to obtain relief funds.
KolorCon connects Black entrepreneurs south of the 10 freeway
The inaugural conference brought together Black entrepreneurs from business, tech, education, politics, art, and entertainment.
Vector90 promotes business and technology in the greater Crenshaw area
The coworking space is a cultural hub that encourages entrepreneurs in the memory of Vector90 co-founder Nipsey Hussle.
Nothing But B.L.K. Flea
A flea market for Black-owned businesses and vendors to showcase their products to the community.
Owning rental property to build wealth
Realtor Sunny Jones discusses purchasing owner occupied income property that can lead you to your dream home.
“Don’t Sell Grandma’s House”
Grandma’s house essentially is a transfer of wealth. In some situations, keeping grandma’s house is not practical, while in others it may be just what the family and community needs.
South Los Angeles is doing business with Africa
South Los Angeles Logistics and the Uganda Connection
Park Mesa Heights Community Council and California Bank & Trust offer free tax services
In partnership with AIM/Alliance and A New Life 4 U Economic Development Corporation, the council and bank promote financial literacy while building relationships with community members.
Leimert Park Village 20/20 Vision Initiative is “Of, for, and by the community”
This initiative would create a cultural and convention center and maintain the Afrocentric environment along Degnan Blvd.
BCIF creates a community investment fund
The Black Cooperative Investment Fund raises money through community donations and reinvests the funds to small-business owners.
USC Marshall School of Business prepares small businesses for large contracts
The business school’s 20-week program helps small companies obtain six figure contracts.
Digital marketing workshop: The pathway to multiple streams of income
This weekly course at The Los Angeles Urban League teaches people how to produce revenue on the Internet.
The McFadzeans supplement their income with the car sharing company Turo
Turo allows car owners to rent out their own vehicles.
Airbnb helped a local save her house
The NAACP and Airbnb formed a partnership to help people of color use their homes to earn extra income.
The BusinessZone partners with the Standard
This partnership will enhance both the BusinessZone and the Standard’s abilities to showcase local businesses and share business strategies.
Financially preparing for the inevitable
Many families are hit hard by the expenses to bury a loved one. Inglewood Park Cemetery has plans that can greatly reduce the cost.
Technology and business merge at Plug in South L.A.
Will the next billion-dollar company come from South Los Angeles?
The L.A. Black Investors Club and Sip & Sonder hosts the Inglewood Gentrification Town Hall meeting
The L.A. Black Investors Club will host the meeting as well as their next Black Business Pitch competition at Sip & Sonder.
Union Bank’s Magnolia Financial Education Center helps develop community economics
This financial education center offers one-on-one consulting, and can direct clients to over 70 social organizations.
Black business trails in several categories; PCR's Mark Robertson offers solutions
Pacific Coast Regional CEO Mark Robertson expressed that we need to support our own at West Angeles Church of God in Christ’s Super Saturday event.
The Youngs open a Papa John’s on Crenshaw Blvd.
The Crenshaw Boulevard and 66th Street location is the first Papa John’s in South Los Angeles.
Morris Media Studios gives the community a voice
The Internet radio and podcast studio, located on Crenshaw Blvd. and 43rd Street, helps locals broadcast their messages to the masses.
Crenshaw HS and Union Bank partner for a student-run branch
The student-run branch provides financial literacy and work experience for members of Crenshaw’s Business Entrepreneurship and Technology program.
Three locals provide business services at Crenshaw and Clark Financial
These three businessmen went from Crenshaw High School to Clark Atlanta University and back.
Zambezi Bazaar needs your support
Like many small retail shops, this Leimert Park store relies on the community’s help to keep their doors open.
Leimert Park Village may close off streets to vehicle traffic to increase business
The village attracts massive crowds on weekends, but not during the week. Community leaders are looking to increase foot traffic and business on a daily basis.
Mae Shaw took control of her earning potential by becoming a small business owner
A small business loan from Pacific Coast Regional helped Shaw open A Kut Above Hair Design 20 years ago, and she’s still going strong.
Vermont Slauson EDC helps entrepreneurs go mobile
The 5th Annual Mobile Retail & Food Truck Expo will be held at L.A. Trade Tech on September 23.
The View on Overhill wins round one
Community members from View Park and Windsor Hills objected to The Bedford Group’s proposed luxury condominium project on Overhill Dr. and La Brea Ave.
Pacific Coast Regional helps small businesses thrive
For 40 years, PCR has assisted small business owners with loan programs, classes, and consulting.
The Black Business Tour brings consumers to local business
Mone’t Lamb created the bus tour to introduce local residents to small black-owned businesses in Los Angeles.
VSEDC celebrates commitment to South Los Angeles business development
The non-profit organization continues to provide resources to small-business owners and entrepreneurs.
GLAAACC and UCLA Extension linked investors with small business owners
Venture capitalists and angel investors spoke about resources to support and grow small businesses.
The ECWA helps community members become financially competitive
The neighborhood council for Baldwin Hills, Crenshaw, and Leimert Park areas holds workshops for entrepreneurs.
New American Funding helps first-time buyers become homeowners
The Ladera Heights branch assists people who believe that they do not qualify for home loans.
Consolidated Board of Realtists is increasing black homeownership
Black homeownership is lower than the national rate during the Great Depression.
Vermont Slauson Economic Development Corporation helps small businesses succeed
The non-profit organization hosts free workshops for entrepreneurs.
Some families will have to wait on their tax refund
The IRS will delay certain tax refunds to combat fraud.