Major Project Loans Program Paved Way for Plaza Pacoima
EWDD oversees several of the City of LA’s financing and development incentive programs designed to assist large and small businesses create jobs in distressed urban neighborhoods.
This article highlights the City’s Major Projects Loan Program, which offers long term, fixed-rate financing for large-scale real estate commercial development projects, including mixed-use developments and large shopping centers within the City of LA. These projects must provide a US Department of Housing and Urban Development (HUD) specific public benefit, such as
Joseph, who has nine years of fashion industry experience, owns Downtown Los Angeles fashion brand Double Denim. In December 2019, Mr. Jung was referred to the Mid-City BusinessSource Center to help grow his company.
BusinessSource Helps Law Firm Obtain $100K SBA Loan, Add 3 New Jobs
The Central West Region BusinessSource Center (BSC) recently helped long-term client Jean Kwon, Esquire, obtain a second $100,000 Small Business Administration (SBA) Community Advantage loan.
The infusion of additional capital enables her business JK Law Firm to hire three additional employees and build on 12 additional client cases. EWDD Updates first featured the JK Law Firm in December 2018 after Jean visited the Central West Region BSC in fall 2018 in search of ways to find funding to maintain business cash flow.
First EWDD Microloan Recipient Opens Sushi Beluga Restaurant
East Los Angeles BusinessSource Center (BSC) client Cun Sang Chi, the first recipient of LA City’s Microloan program, recently celebrated the grand opening of his restaurant Sushi Beluga in Playa Del Rey.
The East Los Angeles BSC provided Mr. Chi with extensive business consulting services, including purchasing the restaurant from the previous owner, lease negotiations, and assistance obtaining the required licenses and permits with the City of Los Angeles and LA County’s Public Health Department.
LA:RISE Helping Individuals at Risk of Homelessness Find Full-Time Work
EWDD is a leadership team partner of the Los Angeles Regional Initiative for Social Enterprise (LA:RISE), an innovative, collaborative partnership that unites the City and County of LA’s Workforce Development System with non-profit social enterprises and for profit employers to help men and women with high barriers to employment get good jobs and stay employed.
The following two stories illustrate the success of the LA:RISE program, made possible through the efforts of EWDD, our partner agencies, and the LA:RISE clients.
Two of EWDD's Targeted Local Hire Program Success Stories
In partnership with the City of Los Angeles Personnel Department, EWDD’s WorkSource Centers have served as referral agencies and application centers for the Targeted Local Hire Program (TLHP), which seeks to connect under-served and under-employed populations with alternative pathways to civil service careers at the City of LA.
EWDD is proud to share the TLHP success stories from two of our employees. We congratulate them as they continue to build their careers with the City of LA.
South Valley BusinessSource Helps Entrepreneur Launch Family-Owned Bakery
The South Valley BusinessSource Center (BSC) recently helped Maria Lopez launch Todos Los Pastelitos Caseros, a family-owned bakery and coffee shop located in Panorama City. Maria spent more than a decade in the bakery industry working for major supermarkets.
In the evenings and weekends, she fulfilled orders for baked goods for loved ones and friends and rapidly outgrew her home kitchen. That’s when Maria decided to lease a retail space and open her own bakery and café, with an emphasis on Mexican pastries, cakes, sweets and caffeinated drinks.
Re-Entry Job Seeker Receives Training to Become Skilled Laborer
The Vernon-Central/Los Angeles Trade-Tech College (LATTC) WorkSource Center (WSC) helped re-entry job seeker Modesto receive training to become a skilled laborer.
After serving 25 years in prison, Modesto was determined to change his path and pursue a career in construction. Modesto enrolled at the Vernon-Central/LATTC WSC, run by EWDD partner Coalition for Responsible Community Development (CRCD), where he received supportive services and registered for job training.
Hollywood BusinessSource Helps Studio Owner Obtain $425K Loan, Create 13 Jobs
The Hollywood BusinessSource Center (BSC) helped Zac Hartog, owner of ZH Productions and LA Hangar Studios, secure a $425,000 Small Business Administration (SBA) working capital loan, which allowed the company to create 13 new jobs.
LA Hangar Studios is a boutique studio located near downtown Los Angeles that caters to the film and television industry. ZH Productions is a special events design and production company that specializes in experiential event design and fabrication for high-end clients worldwide.
LA:RISE Helps Participants Find Success Through Vocational Training
EWDD is a leadership team partner of LA:RISE, an innovative, collaborative partnership that unites the City and County of Los Angeles’ Workforce Development System (WDS) with non-profit social enterprises and for-profit employers to help men and women with high barriers to employment get good jobs and stay employed. After working in a transitional job at a social enterprise and leveraging training and services from the WorkSource Center, LA:RISE participants are placed at jobs in the private sector, in public-sector jobs in the City of LA, or in vocational training programs.
Manuel and Donna, both recent LA:RISE participants, share their success stories below.
Compass Rose Collaborative Alum Hired at Metals Company
Compass Rose Collaborative (CRC) alum Carlos stopped by the Boyle Heights Technology YouthSource Center on December 3, 2019 to notify his instructors that he was released from parole transitional housing and has started working as a die forge helper at Weber Metals in Long Beach.
“I’m very grateful for the opportunity that the CRC program has given me. I have a good job now and I’m looking forward to being a positive role model to my son.”
North Valley BusinessSource Center Celebrates Grand Opening
A crowd of 100 people attended the grand opening of the North Valley BusinessSource Center on Friday, December 6, 2019. EWDD partner, Initiating Change in our Neighborhoods (ICON), recently took over the site and is now the provider for both the North Valley and South Valley BusinessSource Centers.
EWDD Assistant Chief Grants Administrator Jacqueline “Jackie” Rodriguez spoke at the event and thanked ICON staff for establishing the new site.