Tuesday, March 8, 2011

Oscar De La Hoya Will Help Build Houses In Underserved Communities.


Golden Boy Community Investments, a certified community development entity, has been established by Golden Boy Partners, the urban real estate development company founded by Oscar De La Hoya, boxing superstar and promoter, and John Long, CEO and founder of Highridge Partners. The entity late last month received $25 million in New Markets Tax Credits from the U. S. Department of the Treasury to facilitate development of urban housing, retail and commercial projects in underserved communities in California and Texas.

.“Golden Boy Partners is not just about real estate development. It is about building communities and changing lives,” said De La Hoya. “Golden Boy Community Investments allows us to better and more quickly fulfill our founding mission of providing underserved and overlooked urban areas with services and amenities needed by the residents of these communities