Economic Development
Our economic development initiatives aim to create equitable opportunities for Black, Indigenous, People of Color (BIPOC) to participate in and benefit from the economic growth of their neighborhoods and the wider region. We do this through an integrated strategy focused on three categories:
We enhance the vibrancy and sustainability of commercial corridors in underserved communities by investing in projects that promote greater safety and walkability, celebrate and strengthen cultural identity, and encourage locals and visitors to support the local economy.
We help to launch and sustain small BIPOC-owned businesses that provide essential goods and services to residents, create jobs, foster a sense of community, and nurture economic opportunity and innovation.
We create opportunities for people to secure jobs that increase their income and assets, and build financial literacy to ensure that participants maintain their economic security.
Kiva brings affordable loans to entrepreneurs that would otherwise not be able to borrow from traditional lenders.
The City Heights Inclusive Economic Recovery and Resilience Agenda is a strategic three-year action plan that will serve as a blueprint for equitable economic recovery and development in City Heights.
This business grant program was launched in partnership with the City Heights Economic Development Collaborative to provide relief to small businesses in City Heights impacted by COVID-19.
LISC's network of Financial Opportunity Centers help residents achieve stability and build wealth by providing integrated coaching services focused on financial management, employment, and access to income supports.
Bridges to Career Opportunities programs are integrated within Financial Opportunities Centers. Our partners, IRC and SD Housing Commission, prepare residents for careers in healthcare and manufacturing by providing education, industry-specific career training and certification, and job placement opportunities.
The Social Entrepreneurs for Economic Development (SEED) Program is a new initiative of the State of CA. LISC SD is partnering with the SD Refugee Communities Coalition to provide entrepreneurship training, technical assistance, and micro-grants for refugee and immigrant entrepreneurs.