The Aon Center in Los Angeles has been acquired by Carolwood Equities for $153.5 million, according to Newmark Group, Inc. The building was 64% leased at the time of sale.

California Governor Newsom approved an additional $182 million for affordable housing, creating 613 homes under the Homekey program and totaling $850 million in investments.

The U.S. Army Corps of Engineers began the 13th stage of the Surfside-Sunset Beach Renourishment Project to protect against coastal erosion and flooding.

Construction has begun on Liberty Lane, an 80-unit housing development in Redlands for veterans, featuring support services and a partnership between San Bernardino County Veterans Affairs and A Community of Friends.

LA County's Rent Relief Program offers financial aid to landlords for tenant rent defaults during COVID-19, with applications managed by The Center by Lendistry.

California State University and Long Beach partners initiate a five-year project to address citys housing insecurity issue.

LA County receives $37.2M in Homekey 3.0 grants to fund 113 homes for the homeless in Exposition Park, Hollywood, and Lancaster.

Californias Homekey grants 156.4m for 556 affordable homes across six counties for housing support amid COVID-19 and homelessness risk.

LA Mayor announces two Project Homekey sites providing over 100 housing units.

LA Mayor Karen Bass enacts directive to increase housing affordability, targeting construction of homes for all income levels and improving homeownership.

LA Mayor's Directive 1 advances 8,000 housing units, addressing the city's homelessness crisis with streamlined development.

Mayor Karen Bass of Los Angeles announces the city's award of three grants from the Southern California Association of Governments to strategically use city-owned land for housing, reconnect MacArthur Park, and link the Warner Center for improved accessibility and sustainability.

San Bernardino County's affordable housing initiatives gain national recognition, with local officials joined by Congressman Pete Aguilar and U.S. Secretary of Housing and Urban Development Marcia Fudge on a tour of successful projects in the area.