Daylight Community development is an affordable real estate development company focused on building housing for LA’s homeless population. By taking advantage of recent zoning and regulation changes, newly available public funding sources, and modular construction, we are able to build this critical housing faster and more cost effectively than existing affordable developers, while still providing a risk-adjusted return for our investors.
25 Unit Permanent Supportive Housing Development
9502 COMPTON AVE., LOS ANGELES, CA 90002
We are partnering with Decro Corporation and The People Concern to build 25 units for chronically homeless individuals, providing wraparound social services such as counseling, community-based health care, treatment, and employment training for residents.
40 unit affordable and supportive housing development
5050 BAKMAN AVE., NORTH HOLLYWOOD, CA 91601
We are partnering alongside Decro Corporation and the Downtown Women’s Center to provide 32 PSH units for women experiencing homelessness, as well as 7 affordable units to qualifying low-income families.
64 unit affordable and supportive housing development
7715 CRENSHAW BLVD., LOS ANGELES, CA 90043
We are partnering with A Community of Friends as our non-profit development partner, our property manager and supportive-service provider. They are one of the most highly-respected non-profits in the homeless housing space.
Selected for Grant and In-Kind Support from the Home for Good Accelerating Permanent Supportive Housing RFP, administered through United Way of Greater LALEARN MORE →
Greg is a native Angeleno focused on affordable housing and public policy. He completed his undergraduate degree at Washington University in St Louis and completed his MBA at UCLA Anderson Graduate School of Management. He’s worked in investment banking, consulting, and affordable housing development before founding Daylight Community Development. He is an avid Philadelphia sports fan and fully Trusts The Process.
Aaron Sassounian is a native Angeleno with a background in real estate and venture capital. He completed his MBA at UCLA Anderson as president of the Anderson Real Estate Association. He graduated with a concentration in Real Estate. Aaron co-founded Daylight Community Development in 2018 to combat LA’s affordable and homeless housing crises.