Community Owned Real Estate (CORE) – Los Angeles, California
CORE (Community Owned Real Estate) is a collaborative effort to preserve small businesses in gentrifying neighborhoods by acquiring commercial real estate. CORE is a partnership between Inclusive Action, East LA Community Corporation, Little Tokyo Service Center, and their lender, Genesis LA. Through this strategic partnership, they have acquired 5 commercial buildings on the Eastside of Los Angeles and seek to not only preserve existing businesses but offer commercial spaces to local entrepreneurs.