With his eye on the overall health of the Sacramento regional economy and specifically the construction industry, Tony Moayed, CEO of Tricorp Group, Inc., has been a Region Business board member since 2018. 

“We are all called to rise to the challenges of our time,” Moayed says. “That moment is now, as our nation addresses a homelessness crisis — with Sacramento being ground zero of the national debate.” This year, Sacramento saw a 67 percent increase in the number of homeless over the past three years. Sacramento now has a larger homeless population than San Francisco — more than 9,200 people.

Moayed and his partners at Tricorp Group have stepped up to assist Region Business in support of Measure O, which will require the City of Sacramento, using existing revenue, to establish new temporary shelter locations where people can get help moving toward permanent housing. Within 90 days of adoption, encampments will be prohibited based on additional capacity. Residents harmed by illegal camping on city property can file legal complaints to force action.  

“We are all called to rise to defining challenges of our time. That moment is now, as our nation addresses a homelessness crisis — with Sacramento being ground zero of the national debate.” — Tony Moayed, CEO

“We are also pleased that the Mayor and Council have created a new 4×2x2 Committee with the County of Sacramento to develop a Partnership Agreement that would detail enforcement and shared communication to meet the growing need with social and mental services,” Moayed says. “Measure O will help clean up our streets.”

Tricorp Group is a leader in the multifamily and affordable housing markets. As the contractor for the 1801 West Capitol apartments, Tricorp was instrumental in what is now celebrated as West Sacramento’s first permanent supportive housing community by Mercy Housing California. Considered a landmark achievement, the community includes 85 units for people transitioning from homelessness and is now fully occupied.