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Our economic development initiatives aim to create opportunities for low-income people of color to participate in the economic growth of their neighborhoods by launching and sustaining community serving businesses. Small businesses provide goods and services to residents, create jobs, foster a sense of community and nurture economic opportunity and innovation.
In addition to supporting small businesses directly, our Economic Development program is focused on enhancing 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.
LISC San Diego has joined with members of the City Heights Economic Development Collaborative to launch the City Heights Business Relief Fund.
Kiva brings affordable loans to entrepreneurs that would otherwise not be able to borrow from traditional lenders.
In City Heights, HUD Section 4 funding supports the work of the City Heights Economic Development Collaborative, as well as the Little Saigon Cultural District Working Group