Los Angeles – Rick J. Caruso, prominent businessman and founder of Steadfast LA, announced significant progress in the organization's efforts to rebuild areas devastated by the January 2025 wildfires, emphasizing collaboration with the city's innovative minds. The non-profit, established in the wake of the catastrophic blazes, is spearheading initiatives including the provision of prefabricated homes through a substantial $15 million fund and a partnership to develop an AI tool for streamlined building permits. Caruso stated on social media, "LA has the smartest and most innovative people in the world, and we should be collaborating with them every step of the way. At @steadfastla, we are doing just that, and we are making real progress!"
Steadfast LA was launched by Caruso to expedite recovery in fire-affected communities such as Altadena, Malibu, Pasadena, and Pacific Palisades. The organization aims to cut through bureaucratic red tape by leveraging private-sector expertise and resources, with Caruso reportedly funding the initiative himself to ensure operational autonomy and avoid competition for public funds. This approach seeks to complement government efforts in disaster recovery.
A key initiative involves a partnership with California-based company Samara and Airbnb co-founder Joe Gebbia, who have committed $15 million ($5 million initial donation, $10 million in matching funds) to provide high-quality prefabricated homes. These modular homes are intended for low-income property owners who lost their residences and lack the resources for traditional rebuilding, with construction taking five to six months and installation possible in weeks.
Further demonstrating its commitment to innovation, Steadfast LA is collaborating with California Governor Gavin Newsom on a new AI tool designed to supercharge the approval process for building permits. This technological integration aims to significantly reduce the time and complexity associated with obtaining necessary clearances for reconstruction, a critical bottleneck in post-disaster recovery.
The organization has attracted a coalition of influential business and civic leaders, including Netflix co-CEO Ted Sarandos, former Ambassador Nicole Avant, and Palantir co-founder Joe Lonsdale, underscoring a broad private-sector commitment to Los Angeles's recovery. Caruso's public discussions, including an appearance on "The Issue Is: with Elex Michaelson," have highlighted Steadfast LA's mission to ensure communities not only rebuild but emerge stronger.