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Los Angeles wants to open a bank. Critics say the risks could fall on taxpayers

Cities tend to operate all kinds of things like airports, public utilities, transit systems, and more. Should cities add banks to that list?. The Los Angeles City Council approved a plan to spend $460,000 to commission a study on what establishing a city-owned bank would look like. It comes as...

Los Angeles, CA · 11d
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ladowntownnews.com

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Zero-Interest Loans: LA-based org helps Southern Californians recover from wildfires

As residents from the Orange County community are in the early stages of recovering from the Norte Fire, a Los Angeles-based organization is stepping up. The Jewish Free Loan Association (JFLA) is offering loans of up to $15,000 to help cover expenses at a zero-interest rate, while also offering $50,000 to businesses and other nonprofits.

Orange County, CA · 12d
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San Gabriel Valley Tribune

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Here’s why the Hoover Dam needs a wet winter

Today we look at the Hoover Dam, which has been generating electricity for 90 years and paved the way for development in Las Vegas, Arizona and Southern California. Hoover Dam generates, on average, about 4 billion kilowatt-hours of hydroelectric power each year for use in Nevada, Arizona and California – enough to serve 1.3 million people.

Southern California, CA · 14d
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The LA Local

partner publisher · 1.1K followers
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New affordable housing development breaks ground in Inglewood

Sankofa Place at Centinela is set to open in the fall 2028 and will bring 120 new affordable housing units to Inglewood. The post New affordable housing development breaks ground in Inglewood appeared first on LA Local .

Inglewood, CA · 14d

Madera Tribune

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Opinion: Gen Z Coming to Central Valley

Young people are moving out of Los Angeles because of the high cost of housing, commuting problems, lack of opportunities, and general cost of living. So, what’s new? They are moving to Fresno!. Writing for Newsbreak, Liliana Fannin reports, “Fresno is the second most common destination for Gen Zers...

Fresno, CA · 14d

lbccviking.com

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Vendors participate in LBX day market despite inclement weather

LBX, a long-standing shopping complex in Long Beach, hosted its weekly neighborhood market at The Hanger with a Halloween theme featuring Mickey and Minnie Mouse before strong winds and rain forced some attendees to leave early. Despite the storm, vendors still showed up to sell food and merchandise and connect...

Long Beach, CA · 11d

WWD

partner publisher · 96.7K followers

EXCLUSIVE: American Apparel Eyes Retail Comeback With Los Angeles Pop-up

American Apparel is preparing for a return to retail under parent company Gildan, starting with a pop-up experience in Los Angeles from Friday to Sunday as the brand looks to reconnect with consumers ahead of a broader relaunch. Should Stores Start to Think About a Pull Back on Shoe Inventory as Prices Inch Higher? The activation marks a new chapter for the label, which has continued operating primarily as a wholesale apparel business since exiting traditional retail. The L.A. event, located at 8013 Melrose Avenue, is the first in a series of planned marketing initiatives. “For us, the way we want to relaunch it is more so working with more community-based people in the beginning,” said Jason Sherman, who’s leading the relaunch at Gildan. A look at American Apparel ’s new campaign. Courtesy of American Apparel The pop-up will showcase the brand’s signature essentials, including the 2001 Fine Jersey Tee, 9001 Superheavy Weight Tee and Women’s Stretch Baby Rib collection. Visitors will receive complimentary customized T-shirts featuring airbrush artwork, alongside floral arrangements from a local florist and photo booth experiences. “We’re not selling anything. It’s really come in and just enjoy the environment,” Sherman said. Looking ahead, American Apparel is

Los Angeles, CA · 14d

KTLA

partner publisher · 277.5K followers

Independent audit of LADWP rates being floated as some Angelenos’ bills skyrocket

An independent, non-city-affiliated audit of Los Angeles Department of Water and Power rates has been ordered by Mayor Karen Bass, her office says.  According to a press release issued early Monday morning, Bass said that, in addition to the audit, she is urging the LADWP Board of Commissioners to “deliver immediate and comprehensive relief on […]

Los Angeles, CA · 11d

hoodline.com

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L.A. Homes Cost 66.8% More Than Inland Suburbs, Highest Among 21 Biggest U.S. Metros

Homes in Los Angeles County sold for 66.8% more than homes in the surrounding suburbs in June, a gap wide enough to give Los Angeles the largest urban-core price premium relative to its suburbs among the 21 biggest U.S. metropolitan areas. The comparison measured Los Angeles against Riverside, San Bernardino and Ventura counties, and it came paired with an even starker figure: buyers in L.A.'s urban core pay an 84.7% premium per square foot compared with those surrounding areas.

Los Angeles, CA · 14d

inewsource

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How do you get a housing permit in California? He can hook you up, for a fee

This story was originally published by CalMatters. Sign up for their newsletters. Tanner “The Planner” Blackman does not swing hammers or lay foundations. He does not raise funds or finesse land deals. He does not draft blueprints, write contracts, test soil conditions or calculate the varied seismic loads that a new building can sustain.

California · 13d

themortgagepoint.com

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California Coastal Erosion Puts Billions in Property Value at Risk

When you think of the California coastline, certain images come to mind: surfers, sunshine, sea breezes, and beautiful beachfront homes. Realtor.com reported that without intervention, 24% to 75% of the state’s beaches could disappear seasonally or permanently by 2100 as seas rise, according to models cited in California’s newly released Fifth Climate Change Assessment.

California · 14d

hoodline.com

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Koreatown Lot Swaps 15-Unit Apartment Plan for Eight Townhomes Near Metro

A vacant lot at 146 N. Berendo St. in Koreatown that once had ready-to-issue permits for a 15-unit apartment building is now being eyed for a much smaller townhome project, with plans calling for eight dwellings arranged around a common driveway. The 7,500-square-foot site sits about a block from Vermont Avenue and within walking distance of the Vermont/Beverly Metro Station.

Los Angeles, CA · 12d

The Cool Down

partner publisher · 249.3K followers

Clean Power Alliance says its latest bond could lock in $91 million for California ratepayers

The agency expects this latest transaction to deliver annual savings of $12.7 million on average.

Southern California, CA · 15d

californiahomedesign.com

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An Offenhauser Jewel in South Pasadena, $4.2M

Bob Ray Offenhauser built this gem of a home for his family in 1978 and currently owned by his son, the 3-bed, 3-bath gem has just come on the market for the first time since its construction. Offenhauser was fortunate in his site. It sits within the former gardens of Villa Arno, the grand, landmarked 1916 estate designed by Reginald Johnson in the Renaissance Revival style, which was subdivided in the 1970s. The villa, once owned by designer Richard Tyler, sold for just under $10 million earlier this year.

South Pasadena, CA · 14d

The Cool Down

partner publisher · 249.3K followers

California banks must account for insurance money after 160 complaints from fire survivors

Scrutiny was placed on whether lenders kept money after loans were already paid off.

California · 16d

Los Angeles Times

partner publisher · 778.1K followers

The place to be at 1:30 a.m. on a Saturday? In line at this viral L.A. seafood market

The Saturday Morning Fish Market in San Pedro has existed in some form since the late '60s but thanks to social media, flocks of new customers are wanting in on the late-night seafood-buying adventure.

Los Angeles, CA · 15d

The Cool Down

partner publisher · 249.3K followers

Renting in Los Angeles beats buying by $4,544 a month, and demand is surging

Rental demand in the Los Angeles metro area climbed 25.9%, outpacing the national increase of 19.2%.

Los Angeles, CA · 16d

Kool FM

partner publisher · 315 followers

These Montana Businesses Existed Only on Paper

Investigators say the companies had no employees or income, but their owner still managed to obtain millions in pandemic relief money.

Montana · 14d

citywatchla.com

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Los Angeles Can’t Fix Housing Until It Fixes the Bureaucracy That Broke It

NICK’S VIEW - Europe this past week offers Los Angeles a stark warning: across several countries, unaffordable housing has pushed frustrated residents from peaceful marches to street clashes, arson, and looting. A major factor behind the protests is the collapse of attainable housing which forms part of a broader...

Los Angeles, CA · 15d

LAist

partner publisher · 18.6K followers

After months of calls, residents will get the first county update on the East LA oil spill

The L.A. County Department of Public Works and L.A. Regional Water Quality Control Board will provide an update on the oil spill this Saturday.

Los Angeles, CA · 14d