Sola Impact proposes 84-unit South LA Opportunity Zone project

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zola proposed development site

Sola Impact has proposed an 84-unit Opportunity Zone project in South Los Angeles.

The Real Deal reports that the project at 11630-11646 South Main Street in Broadway-Manchester, would include 10 units for low-income residents.

Sola purhased three properties at that location earlier for $980,000.  The company claims to be the largest Section 8 landlord in the area.  The Opportunity Zone federal program provides tax incentives to developers who build in distressed neighborhoods.

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