Emile Haddad, chairman and CEO of FivePoint Holdings LLC, issued a call to action Friday before a virtual summit of business leaders for the public and private sector to work together more than ever, as economic recovery efforts continue amid the pandemic.
As head of FivePoint, which is developing a 21,000-home planned community along Highway 126, Haddad spoke at the Los Angeles Business Council’s 19th Annual Mayoral Housing, Transportation and Jobs Summit. The yearly event invites elected officials, business leaders and policy experts to discuss issues around housing affordability, transit accessibility and equitable economic development.
The COVID-19 crisis has worsened several issues around unemployment, housing and homelessness, Haddad said.