Rebuilding permits in Altadena have picked up, but construction lags and financial woes loom [Los Angeles Times (CA)]
Edison International (EIX)
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Source: Los Angeles Times
Despite progress, financial barriers remain the biggest obstacle, signaled by a widening gap between homeowners fully approved for rebuilding and those who started construction. Investors, however, are starting to make up a smaller share of homebuyers. Fewer homes are also being put up for sale. Seven months after a wildfire destroyed thousands of homes in Altadena and surrounding neighborhoods, about 70% of homeowners who suffered severe fire damage had neither put their property up for sale nor made a move toward rebuilding. But a few weeks after the first anniversary of the fire, the number of people in that limbo had dropped to fewer than half, as more have taken some action toward recovery, according to data released Thursday by UCLA's Latino Policy & Politics Institute. Though it's the latest sign of progress in the Eaton fire's aftermath, researchers say that recovery remains far from settled for most fire survivors, even if they've started on a path to rebuilding. T
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- Edison International Honors 30 Students With 2026 Edison Scholars Awards [Yahoo! Finance]Yahoo! Finance
- Edison International Honors 30 Students With 2026 Edison Scholars AwardsBusiness Wire
- Altadenans are rushing to rebuild, but progress is slow [Los Angeles Times (CA)]Los Angeles Times
- Advisory for Tuesday, April 28: Edison International to Hold Conference Call on First Quarter Financial ResultsBusiness Wire
- ThinkLabs AI Closes $28 M Series A Led by Energy Impact Partners, Backed by NVentures and Edison International [TheStreet.com]TheStreet.com
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