In a neighborhood otherwise reeling from violence and an opioid epidemic, the Kensington Corridor Trust recently welcomed its first commercial tenant. It's not the only community-owned commercial real estate project seeing success.
To prevent small businesses from being priced out of Boyle Heights, a nonprofit is buying commercial property and offering tenants a share in ownership.
One of only three historic Japantowns left in the country, L.A.’s Little Tokyo is facing a sweeping wave of gentrification. In response, a consortium of local CDFIs have joined forces to help local small businesses put down roots.