"Last week, Rick Caruso said no to a political run. This week, the why became a bit clearer. As the developer shook hands and spoke to a crowd sitting by an empty residential lot on La Fiesta Avenue in Altadena on Thursday, he uttered the word private four times in less than three-and-a-half minutes as in private sector and private individuals."
"The Caruso-founded non-profit is steered by a consortium of executives hailing from real estate, technology, finance and other industries to help expedite wildfire rebuilding. Steadfast and Samara teamed to start a program, giving modular homes to qualified homeowners who lost their homes from the fires. After Friday's installation, eight other families are in line for Samara-built homes. This is what the private sector can do, Caruso said, motioning to the work Steadfast and Samara are doing."
Rick Caruso declined a political run and emphasized private-sector action, repeatedly invoking private enterprise and private individuals. A 950-square-foot, factory-built Samara home was craned onto a burned Altadena lot to replace a property lost in last year's Eaton Fire. Steadfast, a Caruso-founded nonprofit led by executives from real estate, technology and finance, formed to expedite wildfire rebuilding and teamed with Samara to provide modular homes to qualified fire victims. After the first installation, eight other families are lined up for Samara-built homes. Separately, Alexander Soofer was arrested, charged with taking $23 million in public funds earmarked for homelessness programs; Soofer is CEO of Abundant Blessings, a nonprofit that holds contracts with the Los Angeles Homeles
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