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SoLa Impact
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Private-capital fund financing affordable urban housing
SoLa Impact
Work Here?
Private-capital fund financing affordable urban housing
Overview
SoLa Impact Fund brings in private capital to develop and preserve affordable urban housing in distressed US neighborhoods, aiming for market-rate returns and social impact. It funds housing projects using equity and debt to deliver affordable rental units, create jobs, and revitalize communities. Its strategy pairs financial performance with measurable community outcomes, giving it a clear double bottom-line focus. The goal is to grow investor value while accelerating affordable housing and neighborhood renewal across the United States.
About SoLa Impact
Industries
Social Impact
Financial Services
Real Estate
Company Size
51-200
Company Stage
N/A
Total Funding
N/A
Headquarters
Los Angeles, California
Founded
2014
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Simplify's Take
What believers are saying
- 2026-07-22: SoLa secured $105 million financing for 14 Los Angeles properties and 465 units.
- 2025-03-27: CalSTRS-backed funding supported 188 units at 43rd and Vermont with Acore financing.
- 2025-10-02: 6200 S. Broadway used Model Z units, compressing construction from months to days.
What critics are saying
- 2025-07-24: SEC scrutiny targets $96 million of deals, including related-party transactions.
- 2025 internal emails said Fund III had $500,000 cash and unpaid fees.
- 2025-07-24: CalSTRS is buying out its $50 million stake, signaling institutional retreat.
What makes SoLa Impact unique
- 2026-05-29: Los Angeles tapped SoLa for The Honeycomb, a 175,000-square-foot modular campus.
- Model/Z gives SoLa in-house modular supply, cutting schedules 30% versus conventional builds.
- SoLa pairs housing with support services; 2025-03-27 Vermont project included workforce and financial education.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Paid Vacation
Paid Sick Leave
Paid Holidays
Bereavement Leave
Remote Work Options
Pet Insurance
Company News
Cooler Master has recently unveiled a strategic partnership with SoLa Impact, a prominent affordable housing developer in Los Angeles.
The South L.A.-based SoLa Impact, a family of real estate funds focused on housing development in lower-income communities, has received a $7.5 million investment from Pittsburgh-based PNC Bank.
SoLa Impact, a top Black-led housing developer based in Los Angeles, has announced a $50 million investment from the California State Teachers’ Retirement System (CalSTRS), with Belay Investment into its Black Impact Fund.
SoLa Impact is Hiring for 7 Jobs on Simplify!
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About SoLa Impact
Industries
Social Impact
Financial Services
Real Estate
Company Size
51-200
Company Stage
N/A
Total Funding
N/A
Headquarters
Los Angeles, California
Founded
2014
SoLa Impact is Hiring for 7 Jobs on Simplify!
Find jobs on Simplify and start your career today