Los Angeles Standard Newspaper: Developer backs out of deal to buy Baldwin Hills Crenshaw Plaza

“This fight on the mall pushed us to make public what we’d actually been working on for the past year,” Goodmon said.  “The launch of an impact fund to acquire apartments and single family homes in our community to take them off the speculative real estate market to place them into the Liberty Community Land Trust to make our community permanently affordable to us.  With appropriate investment we can ensure that the residents who make up this unique community can stay in their homes and new housing is built that is affordable for us.  It’s the only way we save Black L.A.”

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