On October 25th the BizFed Institute, along with the California Latino Economic Institute (CLEI), and The Two Hundred, convened industry and community leaders for a wonderful and insightful conversation on the “State of Latino Housing in Los Angeles”.
We are so grateful to have welcomed Dr. Mindy Romero, Founder and Director of the California Civic Engagement Project at USC’s Sol Price School of Public Policy who kicked off the morning by sharing findings from her research on the state of Latino economic well-being in California. Dr. Romero shed light on the wealth gaps and housing deficiencies broken down by race and geographic regions with an emphasis on the Latino Community.
The second half of the event consisted of a lively panel discussion staffed by Honorable Dr. Robert Garcia, Mayor of Long Beach, Jennifer Hernandez, Partner with Holland & Knight, Alfred Fraijo, Partner with Sheppard Mullin, and was moderated by Frank Williams, Co-Founder & Investor Relations, Capital Direct Funding.
Key panel takeaways included:
- The need for better jobs to narrow the wealth gap
- Elimination of zoning issues, streamlining the permitting process, and implementation of CEQA reform in order to build much needed housing stock
- The importance of voting as a means to implement smart public policy that removes obstacles and improves affordability
- Builders embracing strategies that lower the overall cost of building housing
The BizFed Institute remains committed to continuing this important conversation, assisting in a solution-based approach to this, and many other relevant topics.
Stay tuned for more and watch your inbox for BizFed Institute programming in 2020!