Dec. 19, 2024
Small local rental owners like William King are partnering with a first-of-its-kind program to prevent displacement and strengthen communities in South Los Angeles, California.
Rising rents and housing instability remain a critical challenge in South Los Angeles, California. Nearly half a million low-income renter households in Los Angeles County do not have access to an affordable home, and 77% of extremely low-income households spend more than half of their income on housing costs, according to a 2024 report by the California Housing Partnership. In a state where 44% of the population rents, this is a huge driver of economic insecurity.
Amid these challenges, William King, a local rental property owner, is committed to being a part of a much-needed change.