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El Sereno Trust Acquires Property for Those In Danger of Homelessness

By City News Service
May 20, 2021
LOS ANGELES (CNS) - The El Sereno Community Land Trust, which consists of some of the neighborhood s residents and stakeholders, announced today that it acquired its first property as part of a pilot program to protect people in danger of falling into homelessness.
The multifamily apartment building in Alhambra will be restored and converted into an equity sharing ownership structure with grant funds invested by the trust. Information about the cost and location of the property was not immediately available.
Member Alejandra Liera described the trust and similar ones as “nonprofits that acquire property, taking them off the speculative market and putting them in the hands of the community to prevent evictions and ensure permanent affordable housing. ....

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El Sereno Trust Acquires Property for Those In Danger of Homelessness

El Sereno Trust Acquires Property for Those In Danger of Homelessness
iheart.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iheart.com Daily Mail and Mail on Sunday newspapers.

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L.A. County Launches Small Business Loan Program | San Fernando Valley Business Journal

L.A. County Launches Small Business Loan Program | San Fernando Valley Business Journal
sfvbj.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sfvbj.com Daily Mail and Mail on Sunday newspapers.

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LA County Officials Launch Webinar Series To Help Local Businesses

LA County Officials Launch Webinar Series To Help Local Businesses
Syndicated Local – CBS Los Angeles
LOS ANGELES (CBSLA) A webinar program was announced on Wednesday to assist Los Angeles County businesses impacted financially by the coronavirus pandemic.
The BizHelp Program, launched by the L.A. County Development Authority, collaborates with three local technical assistance providers Acelera Advisory Group, the Pacific Asian Consortium in Employment, and the Vermont Slauson Economic Development Corporation.
They will offer help for businesses in navigating pandemic concerns and preparing for post-pandemic economic recovery.
Some of the services offered will include improving credit and understanding the basics of accounting and bookkeeping. ....

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L.A. County Helps People Stay Housed During Pandemic

Azusena Favela
“This housing crisis is different from the Great Recession,” said Azusena Favela, deputy director of the Economic Development Division at the Department of Consumer & Business Affairs, shifting focus to homeowners facing possible foreclosure.
Favela said she sees a proliferation of “cash for keys” flyers in her South L.A. neighborhood tempting people who’ve fallen behind on their mortgages to sell their homes for a fast payout. She urged those who might be tempted to tread carefully.
“I understand the desperation,” she said, “but before making a decision, contact us.” Counselors are available in multiple languages at (833) 238-4450 or check the department’s website. ....

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