Habitat For Humanity of Greater Los Angeles (Habitat LA) will celebrate its 25th Anniversary at the Los Angeles Builders Ball.
Habitat LA will honor its construction and real estate counterparts for their shared commitment to building a greater Los Angeles. Earvin "Magic" Johnson will be recognized for the transformative impact he has made on the landscape of Los Angeles through his work with Canyon Johnson Urban Funds, Magic Johnson Enterprises and Guggenheim Partners. Other confirmed honorees include Bank of America, Bernards, and Gary and Sarah Siegel Magness.
The LA Builders Ball will take place on Wednesday, October 14 at the Beverly Wilshire Hotel from 6pm-9pm. Sponsorships are available now here.
Los Angeles is one of the least affordable cities for housing in the U.S. resulting in too many hardworking, low-income Angelenos living in unhealthy, substandard housing. Habitat LA is partnering with families and individuals to help them purchase homes with affordable mortgages. Over the past six years, Habitat LA has invested more than $100 million into neighborhoods across greater Los Angeles to improve housing stock, increase the local tax base and provide a stable environment for children, which research indicates leads to higher academic achievement.
“It is an honor to be recognized by Habitat LA, an organization that is doing great work addressing a critical need in Los Angeles,” says Earvin “Magic” Johnson, Chairman and CEO of Magic Johnson Enterprises. “Habitat LA is building stronger communities and hope for a brighter future.”
“With the support of sponsors, volunteers and our homeowners we have helped nearly 4,000 Angelenos improve their lives through affordable housing over the past 25 years,” says Erin Rank, Habitat LA President and CEO. “We believe the time is right to build on this momentum by joining forces with like-minded partners such as Earvin ‘Magic’ Johnson, Bank of America, Bernards and The Gary D. Magness Foundation to make an even greater impact over the next five years.”
Over the next five years Habitat LA plans to invest an additional $100 million to build, rehabilitate and repair hundreds of more homes for families, children, veterans and people with disabilities. Proceeds from the LA Builders Ball will support an exciting vision to revitalize neighborhoods and communities in order to create better educational opportunities for children and help break the cycle of poverty.
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