The fund will support the creation of 1,800 permanent supportive housing units for people experiencing homelessness in Los Angeles.

An unforeseen economic shock can scare lenders out of the market for a period of time, as they did for roughly a quarter in 2020.

Progress Residential's Harish Ramalingam is aiming to make sure its homes provide predictable customer experiences for which the fast-food giant is well-known.