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The L.A. Riots | 8. Damages
Slow Burn
Rebuild LA's $1 Billion Pledge to Invest in the Blighted Areas of Los Angeles
Rebuild LA distributed a list of 68 companies that it said were planning to invest in neglected parts of the city. Vons committed $100 million for the construction of supermarkets in areas affected by the riots. IBM pledged $31 million for job training programs, learning centers, and computer equipment. More than a quarter of them had no plans to invest in the blighted parts of Los Angeles.
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